🔍 Step 1: Focus on High-Probability Patterns
From the image, the following patterns work well on the 5-minute timeframe:
Bullish Patterns: Morning Star, Engulfing Bullish, Hammer, Three Inside Up
Bearish Patterns: Evening Star, Engulfing Bearish, Shooting Star, Hanging Man
These patterns give reversal signals — crucial for scalping quick 5-min price moves.
📊 Step 2: Combine with Key Levels
Always confirm a pattern near:
Support & Resistance zones
Trendlines
Fibonacci retracement levels
Example:
A bullish engulfing pattern on a 5-min chart at a support level = potential long entry
💸 Step 3: Setup Tight Scalping Strategy
Example scalping setup (risking only 1-2% of capital per trade):
Entry: On pattern confirmation
Stop Loss: Just below/above the pattern’s low/high
Take Profit: 1.5x to 2x the SL distance
Trade 5–10 setups/day with 70–80% accuracy and 2:1 R:R can potentially yield $200–$300 daily on a $3,000–$5,000 account with 10x leverage.
🛑 Step 4: Master Risk & Emotion Control
Avoid overtrading
Accept losses as part of the process
Focus on consistency, not chasing profit
✅ Realistic Example:
You see a Bullish Hammer on BTCUSDT at local support (on 5-min chart):
Enter long at $61,200
Stop Loss: $61,100
TP1: $61,350 | TP2: $61,500
This quick scalp with 2x R:R and $3000 capital @ 10x leverage can yield $50–100. Repeat this 3–4 times a day to reach $250+.
📌 Final Advice:
Use TradingView or Binance charts to backtest each pattern
Stick to a playbook of 2–3 favorite patterns
Keep a trading journal to track success
