Chart Patterns

Master the Art of Pattern Recognition in Technical Analysis

In the fast-evolving world of financial markets, pattern recognition remains one of the most powerful tools available to traders. Chart Patterns by Bruce M. Kamich, a seasoned CMT and respected educator, offers a focused and practical exploration of the most essential price patterns used in technical analysis. Whether you’re a new trader trying to grasp the basics or a professional looking to refine your pattern recognition skills, this Bloomberg Market Essentials title delivers crystal-clear instruction, practical examples, and timeless insights.

Kamich revisits the classic chart patterns—head and shoulders, double tops/bottoms, triangles, flags, pennants, wedges—and shows how they emerge in real markets, how to interpret them properly, and how to trade them with discipline. Backed by historical context and rooted in market behavior, this book takes you beyond surface-level signals and teaches you how to think like a chartist.

The author emphasizes the psychological underpinnings of patterns and the human behavior that causes them to repeat over time. With decades of teaching experience, Kamich translates complex ideas into plain English, supplemented by Bloomberg data and charts. This makes Chart Patterns an indispensable reference in any technical trader’s library.

What You’ll Learn

• How to identify the most common and profitable chart patterns
• Why these patterns form—and what they reveal about supply and demand
• How to measure breakout targets and time your entries and exits
• Why volume analysis is essential in confirming pattern validity
• How market psychology is embedded in each chart structure

Key Benefits

• Get a grounded, no-hype education in technical analysis from a Bloomberg-endorsed source
• Learn to distinguish real signals from noise using reliable visual patterns
• Improve your timing and decision-making by understanding the structure of major tops and bottoms
• Gain timeless pattern strategies that work across all timeframes and asset classes

Who This Book Is For

• Beginner to intermediate traders wanting a solid foundation in technical analysis
• Professionals seeking a refresher or structured approach to chart patterns
• Anyone interested in Bloomberg’s authoritative series on market essentials

Table of Contents

1. Why Study Patterns?
2. The Past: 1910–1960
3. The Present
4. Major Tops
5. Major Bottoms
6. Triangles, Boxes, and Rectangles
7. Flags
8. Pennants
9. Wedges
10. Odds and Sods
11. Reversals Ahead
12. Gaps
13. The Future of Chart Patterns