Hey traders!
Let me be honest with you โ ever since I discovered this strategy, I havenโt faced a single liquidation. Sounds crazy, right? But itโs true. If you're still confused about when to enter a trade or where to place your stop-loss, this might be the solution you've been waiting for.
Today, Iโm sharing a powerful strategy that takes just 5 minutes to learn.
It helped me turn losses into consistent wins โ and it can do the same for you.
Letโs break down some of the most important chart patterns you must know as a trader. These patterns arenโt just drawings โ theyโre signals. Once you understand them, itโs like reading the marketโs secret language.
๐น 1. Bull Flag
After a strong rally, price pulls back in a flag-like shape. When it breaks out โ buy. Place your stop-loss just below the flag.
๐น 2. Measured Move Up
Think of it like a staircase. After a big move up, wait for a small dip. Once it resumes upward โ enter the trade. Stop-loss goes below the correction.
๐น 3. Bull Pennant
A small triangle forms after a rally. A breakout means strength โ buy the breakout and set your stop under the pattern.
๐น 4. Cup and Handle
This one looks like a teacup. When price breaks above the handle โ thatโs your entry. Stop-loss below the handle.
๐น 5. Ascending Scallop
A rounded curve forming higher lows. Once price breaks above the curve โ buy. Stop below the lowest dip.
๐น 6. Three Higher Lows
Price dips three times โ each higher than the last. This shows growing strength. Enter after the third peak breaks.
๐น 7. Symmetrical Triangle
Price gets tighter, forming a triangle. If it breaks upward โ thatโs your chance. Stop-loss goes below the triangle.
๐น 8. Ascending Triangle
Flat top, rising lows. Super bullish. A break above the top line? Enter the trade. Stop below the rising trendline.
๐น 9. Double Bottom
It looks like a โW.โ After the second dip, once the neckline breaks โ go long. Stop below the second bottom.
These patterns are not magic โ but they give you structure, confidence, and timing.
Master them, and youโll never trade blindly again.
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