Top 6 Chart Patterns Every Trader Should Know 📊🔥

🔻 1. Double Top – Bearish

2 highs, then breakdown.

📍 Entry: Below neckline

🎯 Target: Pattern height

🛑 Stop: Above 2nd top

🔻 2. Head & Shoulders – Bearish

Middle peak (head) between 2 smaller ones.

📍 Entry: Neckline break

🎯 Target: Head to neckline

🛑 Stop: Above right shoulder

🔻 3. Rising Wedge – Bearish

Tight upward price range, leads to drop.

📍 Entry: Breakdown

🎯 Target: Wedge start

🛑 Stop: Above wedge

🔺 4. Double Bottom – Bullish

“W” shape, breakout confirms.

📍 Entry: Neckline breakout

🎯 Target: Bottom to neckline

🛑 Stop: Below 2nd bottom

🔺 5. Inverse H&S – Bullish

Big dip (head) between 2 smaller dips.

📍 Entry: Break above neckline

🎯 Target: Neckline to head

🛑 Stop: Below right shoulder

🔺 6. Falling Wedge – Bullish

Downward squeeze = breakout potential.

📍 Entry: Breakout

🎯 Target: Wedge base

🛑 Stop: Below wedge

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Pro Tip: Always confirm with volume or RSI.

Learn these patterns = Trade smarter!

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📷 Candle chart below 👇