📈 Technical Analysis: 9 Powerful Bullish Patterns Every Trader Should Know
In the market, it's not necessary to guess — it's enough to learn to recognize patterns. Today we will analyze 9 popular bullish chart patterns that traders use to enter the market with minimal risk and maximum potential profit.
📊 What do the patterns show?
The image above presents chart formations that most often indicate the continuation of an upward trend or a reversal upward. Each pattern includes:
📍 entry point (BUY)
⛔ recommended stop-loss (STOP)
📈 expected price movement
🔍 Pattern analysis:
1. Bull Flag
After a sharp rise, the price pulls back slightly in the form of a "flag". If the upward breakout is confirmed — it's a good entry point.
2. Measured Move Up
Three waves of growth with corrections in between. Each movement is strong, with a clear upward trend.
3. Bull Pennant
Converging triangle after an uptrend. An upward breakout signals the continuation of the momentum.
4. Cup and Handle
Classic reversal pattern. Forms as a U-shaped "cup" followed by a small sideways pullback (the "handle").
5. Ascending Scallop
The price forms a "spoon" — a sharp rise, a smooth pullback, and then up again.
6. 3 Rising Valleys
Gradually rising lows are a sign that selling pressure is decreasing.
7. Symmetrical Triangle
If the price is compressing in a triangle and breaks upward — it's a signal for trend continuation.
8. Ascending Triangle
Horizontal resistance and rising support. A breakout at this level often leads to explosive growth.
9. Double Bottom
Reversal pattern. Two troughs form at the same level, after which the price shoots up.
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