"Technical analysis - Price patterns" is a comprehensive guide to identifying and understanding price patterns in technical analysis. The book emphasizes the importance of recognizing specific patterns formed in price charts that can have a significant impact on price movements. It covers various patterns such as continuation patterns like symmetrical triangles, flags, and wedges, as well as reversal patterns like head and shoulders, double tops, and double bottoms.

It provides a systematic process for analyzing price patterns, including determining the direction of the major price trend, identifying support and resistance levels, and establishing measuring objectives and stop-out levels. It emphasizes the need to create a trading plan based on the identified patterns and advises against forcing a conclusion when there is no favorable trade. Diversifying the analysis is also highlighted as a crucial aspect.

It explains the rationale behind price charts and how supply and demand are reflected in price movements. The patterns discussed in the book not only indicate the probable direction of the major price trend but also serve as alerts for potential changes in market sentiment. Each pattern is explained in detail, including its characteristics, precautions, activation criteria, measuring objectives, and entry and stop-loss strategies.

"Technical analysis - Price patterns" provides traders and investors with valuable insights into using price patterns to enhance their technical analysis and make more informed trading decisions.