A Forex chart pattern is a tool used in trading to understand and predict price movements in the currency market based on historical data. These patterns appear on price charts and help traders make decisions about when to enter or exit trades. They come in different types, like reversal patterns that signal a trend change (e.g., head and shoulders or double tops), and continuation patterns that show the current trend is likely to persist (e.g., flags or rectangles). Some patterns, like triangles, can go either way, depending on how the price breaks out. By analyzing these patterns along with key factors like volume and breakout direction, traders can identify trends, manage risk, and make more informed predictions about where the market might go next.