The technical expression "pattern on the chart" is not quite correct. It is more accurate to say "figures" or "patterns" because these terms have already become established in technical analysis. And the number 200K is mythical.

Using only two things – right indicators and patterns

After 2,000 trades I found best ones

Here are 10 patterns to understand 99% of market movements🧵👇

Before we start

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1✎

꩜ More than 6 years in trading allow me to precisely understand upcoming market movements !

꩜ All information about the token is on the chart – learn to read it...

꩜ By using multiple indicators/patterns, you'll forget about losses in trading forever!

2✎

꩜ Trading is the most promising field that brings profit in any market phase

꩜ However, there are hundreds of indicators that only distance you from success...

꩜ Here are 10 indicators with which I made my first million at 20!

3✎

꩜ Relative Strength Indicator:

꩜ The oscillating indicator reveals overbought or oversold conditions of an asset

꩜ RSI compares the scale of recent gains and losses of an asset.

꩜ A great way to determine the price direction on the chosen pair!

4✎

꩜ Head and Shoulders:

꩜ The "Head and Shoulders" pattern consists of three peaks: the middle one is higher than the outer ones

꩜ Enter when the neckline is broken or retested. It is mirrored in a downtrend.

꩜ Works well with reversal trend patterns!

5✎

꩜ Alligator Pattern:

꩜ The Alligator indicator identifies trends on any timeframes using three moving averages

꩜ When the market is calm and volatility is low, the curves intertwine, and the "Alligator sleeps"

6✎

꩜ Double Top and Double Bottom:

꩜ If two/three peaks or bottoms stop at the same level. The price returns to the last minimum or maximum

꩜ After that, it breaks through it and reverses in the opposite direction.

7✎

꩜ Dragon Pattern:

꩜ A rare reversal pattern with four points: "head," "front paw," "hump," and "rear paw"

꩜ A very strong pattern that works in 90% of cases!

8✎

꩜ Oscillator Indicator:

꩜ An oscillator is a leading indicator predicting trend reversals and is a valuable tool for an analyst

꩜ The oscillator shows "overbought" or "oversold" conditions, displayed as a linear graph!

9✎

꩜ Cup with Handle:

꩜ The "Cup with Handle" pattern typically continues an uptrend, but it can also be a bearish reversal

꩜ The pattern is suitable for intraday trading and appears on various timeframes and instruments

10✎

꩜ Volume

꩜ The indicator shows the number of assets bought or sold over a certain period

꩜ For example, if prices are in accumulation and volumes are rising – it's a strong signal for imminent growth!

11✎

꩜ Diamond

꩜ The "Diamond" pattern is a quadrilateral with angles pointing up, down, and sideways, where the upper and lower angles are on the same axis

꩜ There are several types of this pattern:

- Bearish Diamond
- Bullish Diamond

꩜ It is quite easy to determine the market reversal based on the pattern!

12✎

꩜ Simple Moving Average:

꩜ This indicator filters out unnecessary short-term price fluctuations and provides a clear picture of the price movement trajectory.

꩜ Here's how to trade with the simple moving average:

- Identifying price trends
- Support and resistance to identify short-term changes
- Moving average crossover

I hope you've found this thread helpful.

Follow me @Tracer

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