Anatomy of Chart Patterns: My view on patterns

Most of the patterns in price moves are some what easy to identify because of their close visual resemblance to a well known patterns (geometric etc). But price pattern is formed because of the supply & demand actions inherent to the auction market. So to successfully identify a pattern that works (mostly), one should aim to decipher the supply-demand actions along with price move and not just the highs and lows on the chart. Otherwise, the pattern is just a mere coincidental pattern, like we see random patterns in the clouds.

Price action + Volumes + Time is the key to identify the demand-supply. Most of us simply look at price action, ignoring Volume and Time. If we are not following volumes and time, we are missing 66% feedback which market is giving us.