Chart Patterns Trading: Head & Shoulders, Doubles, Triangles & Flags
A rigorous, intermediate course from FX Academy on the theory and practice of classical chart patterns. You will learn the market psychology behind head & shoulders, double tops/bottoms, triangles, flags and wedges; set measured-move targets, size positions to defined risk, and distinguish valid breakouts from failures. FX Academy courses are paid, self-paced and practical — enrol at https://fxacademy.example.com/courses and practise on a FREE demo account with our partner broker Exness: https://one.exnessonelink.com/a/vwl4i9qqfv. Trading forex on margin carries a high level of risk and may not be suitable for all investors. Most retail traders lose money. Never trade with funds you cannot afford to lose.
What you'll learn
- Identify and draw head & shoulders, double tops/bottoms, triangles, flags and wedges on live charts
- Calculate measured-move targets for each pattern and convert them to price levels
- Size a position so a stop-out costs exactly a chosen percent of the account (example: 1% risk)
- Set evidence-based stop-loss and entry rules and place orders that limit slippage
- Recognise common failure modes and adapt the trade plan to reduce false-breakout losses
- Backtest pattern setups and compute realistic reliability, expectancy and win-rate estimates
- Build a simple pattern-based trading checklist and journal entries for forward testing
- Convert pattern signals into a practical intraday or swing trading routine
Inside the course
6 stages · 24lessons, easiest first. Here's a preview — the full lesson-by-lesson outline opens when you enroll.
Module 1 — Foundations: Pattern Anatomy & Market Mindset
Covers the vocabulary, market context and psychology every trader needs before trading patterns. Learn definitions (pip, lot, spread, margin, leverage), how trend and higher-timeframe context change pattern interpretation, and the difference between recognition and trade execution. Ends with a multiple-choice quiz.
- Lesson 1.1 — Key definitions and mechanics35 min
- Lesson 1.2 — Market context and trend bias35 min
- Lesson 1.3 — Psychology behind patterns35 min
- Lesson 1.4 — Practical recognition rules35 min
+ 1 more lesson in this stage
- 2Module 2 — Head & Shoulders (H&S): Anatomy, Targets & Failures4 lessons + quiz
- 3Module 3 — Double Tops & Double Bottoms: Practical Rules3 lessons + quiz
- 4Module 4 — Triangles: Symmetrical, Ascending & Descending4 lessons + quiz
- 5Module 5 — Flags, Pennants & Wedges: Continuation and Reversal4 lessons + quiz
- 6Module 6 — Applying Patterns: Backtesting, Edge & Live Practice4 lessons + quiz
Every lesson is long-form and fact-checked, with worked numeric examples, diagrams and an end-of-stage quiz. Enroll once — it's yours for life.
Sample the teaching first
We wrote a free in-depth guide on this exact topic — read it, and if the teaching style clicks, the course goes ten times deeper.
Read: Chart patterns trading 2026: How to read, trade and size positionsFrequently asked questions
Is this course really worth paying for?
Every Forex Fluency course is a deep, structured program — long-form fact-checked lessons, fully worked numeric examples, diagrams and end-of-module quizzes. At $130 it costs less than one impulsive, uneducated trade typically loses.
How do I access the course after paying?
Checkout takes a minute. Once your payment is confirmed you receive an access code by email — enter it on the My Learning page and every lesson unlocks instantly, forever.
Do I need a trading account first?
No. You only need a free demo account for the practice exercises, and we show you exactly when and how to open one — no deposit required.
Will this course make me profitable?
No honest school promises that. Most retail traders lose money; education, risk management and disciplined practice are what separate the minority who succeed. This course gives you that foundation — the results depend on you.
Is it self-paced?
Completely. Lessons are written, not scheduled — read them any time, on any device, and your progress is saved as you go.