Short-term chart pattern recognition is a powerful tool in the trader's technical arsenal. Short-term patterns are based on price information found in a single bar or candlestick. This information can include the height of a price bar, the relationship of the opening price to the closing price, and associations to previous bars and/or candles.

Although most short-term chart patterns are usually reversal patterns, others can be used to alert of changing momentum, breakouts, or continuation patterns in corrections found within a larger trend. Short-term patterns alone aren't trading signals, but when combined with support or resistance levels, trend analysis, and other clusters of evidence, they can lead to greater confidence in price movement and price risk.

Join John Rowland, Barchart's Head of Trading Education, as he shows you some need-to-know patterns such as inside/outside bars, Hikkake, opening range reversal, and the island reversal. John will also discuss other types of technical analysis that can line up with short-term chart patterns. You will also learn how to use short-term patterns to identify trading opportunities and effectively manage your risk.

In the webinar, you will learn about:

• Single and Multiple Bar Patterns
• Reversal Patterns
• Risk Management Techniques