Master These Candlestick Patterns to Trade Like a Pro
Want to earn consistent profits? Stop guessing and start reading the chart. These patterns will guide you:
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Bullish Patterns (Price may go up)
Inverted Head & Shoulders – Trend change from down to up.
Double Bottom (W-shape) – Strong support, price likely to rise.
Bullish Flag – Short pause, then price goes higher.
Triple Bottom – Price holds at same level 3 times.
Cup & Handle – Smooth dip, small pullback, then breakout.
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Indecisive Patterns (Wait for breakout)
Symmetrical Triangle – Tight range, big move after breakout.
Falling Wedge – Looks bearish, but often goes up.
Rising Wedge – Often drops, be careful.
Descending Triangle – Mostly bearish.
Ascending Triangle – Mostly bullish.
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Bearish Patterns (Price may fall)
Head & Shoulders – Strong sign of downtrend.
Triple Top – Price can't break high, may drop.
Double Top – Like an upside-down ‘W’, bearish sign.
Bearish Flag – Short rise, then sharp drop.
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Quick Tips:
Bullish = Buy
Bearish = Exit or short
Indecisive = Wait for breakout
Trade with patterns, not hope!#PowellRemarks