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Most people lose money trading because they don’t know what the charts are actually saying. 📉📈
Whether you're a beginner or trying to level up, these 16 trading patterns will show you how to:
✅ Spot reversals before they happen
✅ Ride trends like a pro
✅ Understand the market with just a glance
Follow me up for more and hit up a text for the part you haven’t understood...
Swipe 👉 or scroll down to start mastering the language of price action!
#CryptoEducation #BinanceTrading #ChartPatterns #TechnicalAnalysis #TradingTips
📉 1. Rising Top
🔺 Indicates: Possible trend reversal 💡 A rising top occurs when the price makes higher highs and higher lows, but the momentum starts to weaken. Watch for potential bearish reversal.
📉 2. Double Bottom
🟢 Indicates: Bullish reversal 💡 Price hits a low twice but fails to break lower. It signals that buyers are stepping in. Look for a breakout above the neckline for confirmation.
🧠 3. Head and Shoulders
🔻 Indicates: Strong bearish reversal 💡 A peak (head) between two smaller peaks (shoulders). When the neckline breaks, it often signals a drop in price.
💪 4. Inverse Head and Shoulders
🟢 Indicates: Strong bullish reversal 💡 This is the opposite of the head and shoulders. Once the neckline breaks upward, it signals potential upward momentum.
📈 5. Rising Wedge
🔻 Indicates: Bearish pattern 💡 Price narrows upward. Even though it climbs, volume and momentum fall. Breakdown from this pattern can lead to a drop.
📉 6. Falling Wedge
🟢 Indicates: Bullish reversal 💡 Price narrows downward, but as it consolidates, buyers start stepping in. A breakout above the wedge signals a potential uptrend.
🔺 7. Ascending Triangle
🟢 Indicates: Bullish continuation 💡 Horizontal resistance meets higher lows. If the price breaks resistance with strong volume, expect a bullish move.
🔻 8. Descending Triangle
🔴 Indicates: Bearish continuation 💡 Horizontal support meets lower highs. Breakdown through support usually leads to more selling pressure.
📦 9. Bullish Rectangle
🟢 Indicates: Bullish continuation 💡 Price moves between support and resistance before breaking upward. This shows accumulation by buyers.
🟥 10. Bearish Rectangle
🔻 Indicates: Bearish continuation 💡 Price ranges sideways then breaks downward. Sellers often dominate this consolidation phase.
📉 11. Bullish Pennant
🟢 Indicates: Bullish continuation 💡 Follows a strong uptrend. The price consolidates in a small symmetrical triangle. A breakout typically continues the uptrend.
📉 12. Bearish Harami
🔴 Indicates: Bearish reversal 💡 A small green candle is fully inside the body of the previous red candle. It shows hesitation and potential reversal to the downside.
📈 13. Bullish Flag
🟢 Indicates: Bullish continuation 💡 Appears after a sharp upward move. Price consolidates downward in a channel before breaking upward again.
📉 14. Bearish Flag
🔻 Indicates: Bearish continuation 💡 Appears after a sharp drop. The price consolidates upward, then often breaks downward again.
🟩 15. Bullish Harami
🟢 Indicates: Bullish reversal 💡 A small green candle fits inside a prior red candle. It can signal buying interest and the start of a reversal.
🟥 16. Bearish Rectangle
🔻 Indicates: Continuation of downtrend 💡 When price consolidates in a range and breaks support, expect continued downward pressure.