Chart Patterns

In the Forex market, price has a tendency to repeat past patterns. Think of price like an animal. Animals have habits that they exhibit. For example, a man may have the habit of bending down and picking up coins. Will he pick up the coins every time? Maybe, and maybe not. But what if this man makes a notable motion before he picks up his dropped coin. Perhaps every time he wipes his nose after dropping a coin, he will bend down and pick it up. In this case, the act of him wiping his nose will be the pattern that leads to him doing an expectable "trend".