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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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