Want to predict price moves like a pro? Start with these 3 chart pattern types every trader MUST know: Reversal, Continuation, and Bilateral.
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🔄 REVERSAL PATTERNS – Trend about to flip? These say YES.
1️⃣ Double Top – Bearish ⚠️ Two peaks, same resistance. Then drop.
2️⃣ Head & Shoulders – Bearish 😵 Three bumps → neckline breaks → trend flips.
3️⃣ Rising Wedge – Bearish 📉 Tight climb, sharp fall ahead.
4️⃣ Double Bottom – Bullish 💪 Two dips, strong support — then breakout.
5️⃣ Inverse Head & Shoulders – Bullish 🔁 A mirror flip = trend reversal incoming.
6️⃣ Falling Wedge – Bullish 📈 Narrow drop = powerful bounce.
📈 CONTINUATION PATTERNS – The trend ain’t done yet.
1️⃣ Falling Wedge – Bullish 📈 Price dips within a channel… then launches.
2️⃣ Bullish Rectangle – Bullish ⬛ Sideways grind, then boom.
3️⃣ Bullish Pennant – Bullish 🚩 Mini triangle = next leg up.
4️⃣ Rising Wedge – Bearish 🚨 It’s climbing… but about to fall.
5️⃣ Bearish Rectangle – Bearish 📉 Sideways trap, downward escape.
6️⃣ Bearish Pennant – Bearish 🔻 Tiny squeeze = another leg down.
🔀 BILATERAL PATTERNS – Could go ANY direction… be ready!
1️⃣ Ascending Triangle – ⚡ Resistance tested, higher lows… boom or bust.
2️⃣ Descending Triangle – 📉 Support tested, lower highs… wait for breakout.
3️⃣ Symmetrical Triangle – 🌀 Market’s confused… breakout incoming — choose your side.
📌 TRADER’S EDGE:
✅ Reversal = Trend might flip
✅ Continuation = Trend likely to continue
✅ Bilateral = Watch closely, breakout coming
💡 Learn these & you’ll SLAY entry points, stop-losses & profit targets like a pro 💰
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