The significance of a price pattern depends on its position.
It's not the chart that determines the outcome, but rather the structural background and momentum distribution that dictate the next step.
If you see boxes, triangles, or wedges during a period of consolidation, don't rush to take action. These neutral structures are essentially a chip exchange, representing hesitation and competition, with unclear direction. Taking action here is akin to gambling.
However, if you observe flags, ascending triangles, or descending wedges during a strong trend, the situation changes.
This is not confusion; it is accumulation. Bulls are exchanging hands, bears are taking a breather, and the direction hasn't changed, just temporarily paused.
In such times, taking action is following the trend, it's a relay.
When you see head and shoulders, double tops, or ascending wedges at the end of a trend, that's when you should be cautious.
The market is passing the baton, the main players are retreating, trading volume is changing, the inertia of the trend is beginning to loosen, and a reversal is brewing.
Therefore, true ability in chart reading is definitely not about rote memorization of patterns; patterns are part of structural rhythm, not the rationale for trading itself. #加密货币 #币圈 #区块链