🚨MASTER THESE CHART PATTERNS & AVOID LOSSES FOREVER!🔥🔥

🐻 Bearish Reversal Patterns (Trend Changing from Up to Down)

1. Double Top

Pattern – Price forms two peaks at a resistance level.

Signal – Confirmation occurs when the price breaks below the "neckline."

2. Head and Shoulders

Pattern – A peak (left shoulder), a higher peak (head), and a lower peak (right shoulder).

Signal – A break below the "neckline" signals a bearish trend.

3. Rising Wedge

Pattern – Price moves within an upward-sloping, converging trendline.

Signal – A breakout below the lower trendline confirms the reversal.

🐂 Bullish Reversal Patterns (Trend Changing from Down to Up)

4. Double Bottom

Pattern – Price forms two troughs at a support level.

Signal – Confirmation occurs when the price breaks above the "neckline."

5. Inverse Head and Shoulders

Pattern – A trough (left shoulder), a lower trough (head), and a higher trough (right shoulder).

Signal – A break above the "neckline" confirms a bullish trend.

6. Falling Wedge

Pattern – Price moves within a downward-sloping, converging trendline.

Signal – A breakout above the upper trendline confirms the reversal.

📊 Trading Strategy Considerations

Entry Point – After a confirmed breakout beyond the neckline or trendline.

Stop Loss – Placed above (for bearish patterns) or below (for bullish patterns) key levels.

Target – Measured by the height of the pattern projected from the breakout point.

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