📊 Chart Patterns You Must Know📈
Master These to Spot Big Market Moves!
🔁 Reversal Patterns – Signal trend change
1️⃣ Head & Shoulders (Top/Bottom)
🔻 Indicates trend reversal.
✅ Sell after neckline break (top) or buy after breakout (bottom).
2️⃣ Double Top & Double Bottom
🔁 Looks like "M" or "W".
✅ Confirms trend reversal when neckline is broken.
3️⃣ Triple Top/Bottom
🔂 Stronger reversal signal after 3 rejections.
✅ Watch for volume confirmation.
🔄 Continuation Patterns – Trend likely to continue
4️⃣ Bullish/Bearish Flag
📉 Small pullback after strong move.
✅ Enter on breakout in trend direction.
5️⃣ Pennant
🔻 Triangle after big price move.
✅ Breakout = strong continuation.
6️⃣ Ascending/Descending Triangle
🔺 Flat + rising (bullish) or falling (bearish) support/resistance.
✅ Break of flat side = trade trigger.
📉 Neutral Patterns – Breakout can go either way
7️⃣ Symmetrical Triangle
🔼 Price squeezes between two trendlines.
📍 Wait for breakout direction → enter trade.
8️⃣ Rectangle / Range
⏹ Price bounces between horizontal support and resistance.
✅ Breakout signals next trend.
📌 Pro Tip: Combine patterns with volume, support/resistance, and confirmation candles for higher accuracy! ✅