ā 1. Double Bottom (Bullish)
š¹ Structure: Two equal lows, neckline breakout
š¹ Entry: On breakout above neckline
š¹ Stop-Loss: Below the second bottom
š¹ Target: Height from bottom to neckline projected upward
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ā 2. Double Top (Bearish)
š¹ Structure: Two equal highs, neckline breakdown
š¹ Entry: On break below neckline
š¹ Stop-Loss: Above the second top
š¹ Target: Height from top to neckline projected downward
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š 3. Gann Fans (Bullish)
š¹ Structure: Multiple angled trendlines (support)
š¹ Entry: On bounce from fan line 1 or 2
š¹ Stop-Loss: Below the nearest fan line
š¹ Target: Based on swing highs or upper fan resistance
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ā 4. Head & Shoulders (Bearish)
š¹ Structure: Peak (head) between two lower peaks (shoulders)
š¹ Entry: On neckline breakdown
š¹ Stop-Loss: Above right shoulder
š¹ Target: Height from head to neckline projected downward
---
ā 5. Inverse Head & Shoulders (Bullish)
š¹ Structure: Dip (head) between two higher lows (shoulders)
š¹ Entry: On breakout above neckline
š¹ Stop-Loss: Below right shoulder
š¹ Target: Height from head to neckline projected upward
---
ā 6. Triple Bottom (Bullish)
š¹ Structure: Three equal lows with horizontal resistance
š¹ Entry: On breakout above neckline
š¹ Stop-Loss: Below third bottom
š¹ Target: Height from bottom to neckline projected upward
---
ā 7. Triple Top (Bearish)
š¹ Structure: Three equal highs with neckline support
š¹ Entry: On breakdown below neckline
š¹ Stop-Loss: Above third top
š¹ Target: Height from top to neckline projected downward
---
š 8. Support/Resistance Flip (Bullish)
š¹ Structure: Former resistance becomes support
š¹ Entry: On successful retest of resistance-turned-support
š¹ Stop-Loss: Below the support level
š¹ Target: Previous highs or next resistance area
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š§ Pro Trading Tips:
ā Always wait for confirmation (breakout with volume)
ā Use patterns in confluence with indicators (RSI, MACD)
ā Stick to your risk-reward ratio and avoid chasing trades
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