As a trader, I've learned that sometimes the simplest strategies are the most effective. In this article, I'll share with you the exact 3 price action patterns that helped me make $10,000 in a few weeks. The best part? You can learn them in just 2 minutes.
Pattern 1: Double Top
The Double Top pattern is a bearish reversal sign that forms when price hits the same resistance level twice and fails to break it. To trade this pattern, I wait for price to break the neckline, then enter on the retest. My target is the previous support area, and my stop loss is above the second top.
Pattern 2: Double Bottom
The Double Bottom pattern is the opposite of the Double Top. It forms when price hits the same support level twice and fails to go lower. This is a bullish reversal signal. To trade this pattern, I wait for the breakout of the neckline, then enter long on the retest. My target is the previous resistance area, and my stop loss is below the second bottom.
Pattern 3: Breakout + Retest Entry
This is the real secret to making consistent profits with price action. Whether it's a double top, bottom, or even a trendline, breakouts are powerful. But the real entry comes on the retest. That's where most traders hesitate, and smart money enters.
By combining these 3 simple patterns, I was able to make $10,000 in a few weeks. No indicators, no noise, just smart entries on retests. The key is to keep it simple and focus on high-probability trades.
Conclusion
Trading doesn't have to be complicated. By mastering these 3 simple price action patterns, you can make consistent profits in the markets. Remember to always trade with discipline and patience, and never forget to manage your risk.
If you're interested in learning more strategies like this, be sure to follow Pandatraders for daily signals and learning crypto. Happy trading!
#BinanceHODLerSTO #DigitalAssetBill #StrategicBTCReserve #Trump100Days #StrategicBTCReserve
