PriceActionKing

Trading Pure Price Action – No Indicators, Just Patterns 📉📈🚀
Forget complicated indicators – true trading mastery comes from reading raw price action. Here's your cheat sheet for the 3 key pattern types every trader needs:
Reversal Patterns (Trend Shifts Ahead!) 🔄
- Double Top ⛰️⛰️ → Two failed highs signal coming drop
- Head & Shoulders 🧠→🧠→🧠 → Third peak fails = trend reversal
- Rising Wedge 📈🔺 → Fake breakout setup for bears
- Double Bottom ⚓⚓ → Two bounces off support = bullish
- Falling Wedge 🔽💥 → Compression before upside breakout
Continuation Patterns (Trend Taking a Break) 📊
- Bull Flag 🚩📈 → Quick dip before resuming uptrend
- Bear Flag 🏴📉 → Small bounce before next leg down
- Pennants 🎗️ → Tight coils before explosive continuation
Bilateral Patterns (Breakout Coming Soon) 🔀
- Triangles 🔺🔻 → Tighter price range = bigger breakout
- Rectangles ⬜ → Sideways consolidation before next move
Key Takeaways
→ Reversals happen at exhaustion points
→ Continuations mean the trend is still healthy
→ Bilateral patterns require breakout confirmation
The best traders don't predict – they react to what price actually does. Study these, practice spotting them, and trade what you see – not what you hope.
Drop a 🐸 if you'll start trading with just price action!
#CryptoCPIWatch #TradeLessons #BinanceAirdropNXPC #PriceActionKing