MASTER THESE CHART PATTERNS & AVOID LOSSES FOREVER! 📊🔥

Understanding chart patterns is crucial for predicting price movements in trading. Here’s a breakdown of the three main types of patterns: Reversal, Continuation, and Bilateral Patterns.

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🔄 Reversal Patterns – Indicate a potential trend change

1️⃣ Double Top – Bearish pattern forming two peaks at the same resistance level before breaking downward.

2️⃣ Head & Shoulders – Bearish pattern with three peaks (left shoulder, head, right shoulder), confirming a trend reversal after breaking the neckline.

3️⃣ Rising Wedge – A narrowing upward channel that signals a bearish reversal when price breaks downward.

4️⃣ Double Bottom – Bullish pattern forming two troughs at the same support level before breaking higher.

5️⃣ Inverse Head & Shoulders – A bullish version of the Head & Shoulders pattern, signaling a trend reversal after breaking above the neckline.

6️⃣ Falling Wedge – A downward-sloping, narrowing pattern that leads to a bullish breakout.

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🔄 Continuation Patterns – Suggest the current trend is likely to continue

1️⃣ Falling Wedge – A bullish continuation pattern where price consolidates within a downward channel before breaking higher.

2️⃣ Bullish Rectangle – Price moves sideways within a horizontal range before breaking upward.

3️⃣ Bullish Pennant – A small triangular formation after a strong uptrend, signaling further upside upon breakout.

4️⃣ Rising Wedge – A bearish continuation pattern where price consolidates in a narrowing upward channel before breaking downward.

5️⃣ Bearish Rectangle – Price consolidates within a horizontal range before breaking downward.

6️⃣ Bearish Pennant – A small symmetrical triangle forming after a strong downtrend, leading to a continuation lower.

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