Best Trading Patterns. Larry Williams Trading Strategy. #larrywilliams #tradingstrategies - YouTube

Tutorial  

Need to be selective with chart patterns: most of price activities are random and only represents trend, only a few chart patterns can be successful.

One of trading patterns recommended by Larry Williams: if price moves in a long downtrend and goes sideways in a trading range and drop, but it immediately goes back up and back into that trading range, then it's a buy signal. The reason is that trading range is accumulation phase, the fact that the price broke down and immediately goes back up indicates institutional money are buying, so smart investors want to start buying at that time.