Good morning, many suffer from trading problems and face losses, but those who work with this studied strategy will never face liquidation.
Hello traders, especially beginners!
First, let me tell you honestly: those who learn this strategy will never face losses again, did you hear that well!
If you are still facing account liquidations, and you are still confused about when to buy or where to place a stop loss, I will help you today. I will reveal a secret formula that no one will tell you. And imagine! Learning it will only take five minutes!
Are these patterns you see in the chart above? They are not just graphs, but signals for profit-taking. Once you understand them, you will find yourself in front of a hidden language in the market. Let me explain it to you in the simplest way.
1. Bull Flag 📈
After a strong rise, the price consolidates in the shape of a flag. When it breaks, this is a buy signal! The stop loss is placed below the flag.
2. Measured Move Up 🔁
This is a wave pattern. After the first rise, wait for a pullback. When the price starts moving again, buy! Set the stop loss below the pullback.
3. Bull Flag 🚩
Short consolidation in a triangle after a rise. Breakout? This is the time to enter. Place the stop order just below the flag.
4. Cup and Handle ☕
It seems easy! When the price breaks the support level, this means a buy signal. Place the stop order below the support level.
5. Ascending Wedge 🌙
A beautiful curved shape forming higher lows. Once the price breaks this curve, it's time to buy. Stop at the lowest point.
6. 3 Ascending Valleys ⛰️
Three lows, each one higher than the previous. This shows strong bullish strength. Enter upon breaking the third peak.
7. Symmetrical Triangle 🔺
The price is narrowing more and more, forming a triangle. When it breaks upward, buy! The stop loss is just below the triangle.
8. Ascending Triangle 📊
Flat top, rising bottom - great optimism. When the price breaks the top line, you can buy! The stop loss is below the trend line.
9. Double Bottom 🅱️
It is a 'W' shaped pattern. When the price breaks the neckline after the second bottom, buy! Stop at the second bottom.
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