â STEP-BY-STEP PLAN TO EARN $100 DAILY USING CHART PATTERNS
đ 1. Understand the main chart patterns
Master these common and effective patterns:
Bullish Patterns:
Double Bottom
Ascending Triangle
Bull Flag / Pennant
Inverse Head & Shoulders
Bearish Patterns:
Double Top
Descending Triangle
Bear Flag / Ascending Wedge
Head & Shoulders
Each pattern must be combined with volume confirmation and breakout retest for greater accuracy.
đ° 2. Account Size & Risk Plan
To consistently earn $100/day:
Use 10x leverage.
Risk only 2â3% of your capital per trade.
Ideal capital: minimum of $1,000â$2,000.
Aim for returns of 5â10% on a good setup (only high probability patterns).
Example: A 5% gain on $2,000 with 10x leverage = $100 profit.
đŻ 3. Establish Accurate Trade Plans
For each setup:
Define the entry zone (after confirmation).
Use Stop-Loss just below/above the invalidation level of the pattern.
Set Take-Profit using resistance/support zones or measured move targets.
đ§ 4. Wait for Confirmation
Do not enter with assumptions. Look for:
Candle closing above the neck line/resistance (for bullish)
Candle closing below support (for bearish)
Volume peak confirmation
RSI or MACD divergence for extra confluence
đ§ 5. Discipline & Risk Management
Do not overtrade
Accept small losses
Maintain Reward:Risk â„ 2:1
Record each trade to learn and improve
⥠Strategy Example: Bull Flag Trade
Identify Bull Flag after a strong uptrend
Enter on the breakout above the flag's resistance
SL: Below the base of the flag
TP: Measure the flagpole and project from the breakout
Trade size adjusted for risk of $20â$30
1 winning trade = $80â$120
đ Repeat daily:
Scan 10â20 coins for clean patterns
Make only 1â2 high probability setups/day
Respect the SL, lock profits at TP1, and follow the rest
Offset gains and scale slowly
đ Pro Tip:
Use platforms like TradingView for charts + alerts
Use Binance Futures or Bybit for 10x leverage
Combine chart patterns with market structure + volume profile