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Yassine EL IDRISSI
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Yassine EL IDRISSI
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Top 6 Chart Patterns Every Trader Must Know!👇 🔻 1. Double Top – Bearish Reversal Two peaks at the same level followed by a breakdown of the neckline. 📍 Entry: Below neckline 📉 Target: Height of the pattern 🛑 Stop: Above the second top --- 🔻 2. Head and Shoulders – Bearish Reversal A large peak (head) between two smaller peaks (shoulders), breaking below the neckline. 📍 Entry: Break of neckline 📉 Target: From head to neckline 🛑 Stop: Above right shoulder --- 🔻 3. Rising Wedge – Bearish Continuation Price tightens in an upward slope—often a setup for a breakdown. 📍 Entry: After breaking down the wedge 📉 Target: Start of the wedge 🛑 Stop: Just above the upper wedge line --- 🔺 4. Double Bottom – Bullish Reversal Two bottoms forming a “W” pattern, followed by a neckline breakout. 📍 Entry: On neckline breakout 📈 Target: Same height as the bottom-to-neckline 🛑 Stop: Below the second bottom --- 🔺 5. Inverse Head and Shoulders – Bullish Reversal A large dip (head) between two smaller dips (shoulders) signaling upside breakout. 📍 Entry: Break above neckline 📈 Target: Neckline to bottom of head 🛑 Stop: Below right shoulder --- 🔺 6. Falling Wedge – Bullish Continuation Price contracts downward between two converging lines—usually leads to a breakout. 📍 Entry: On breakout 📈 Target: From wedge base 🛑 Stop: Below wedge support --- 💡 Pro Tips: Combine chart patterns with volume, RSI, or moving averages for stronger confirmation. 🎯 Master these patterns. Trade with confidence. If you find the post helpful then please follow like and comment on it thankyou❤️ Here is the candles image photo👇 #CryptoEducation #BinanceCharting #ta #TradingPatterns #TradeSmart
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Starting out with crypto, I was just buying whatever my friends talked about – pure FOMO! I'd hold on, hoping it'd moon, and usually ended up losing money. Then I got a bit smarter, looking at the news and hype, trying to ride those waves. Still pretty risky. Now, I'm way more into understanding the tech behind the coins and what problems they're actually solving. I focus on projects with real-world utility and strong teams, and I diversify a lot more. #softstaking
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