MASTER THESE GRAPHIC PATTERNS & AVOID LOSSES FOREVER! 📊🔥
Understanding graphic patterns is crucial for predicting price movements in trading. Here’s a breakdown of the three main types of patterns: Reversal, Continuation, and Bilateral Patterns.
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🔄 Reversal Patterns – Indicate a potential trend change
1️⃣ Double Top – A bearish pattern forming two peaks at the same resistance level before breaking down.
2️⃣ Head and Shoulders – A bearish pattern with three peaks (left shoulder, head, right shoulder), confirming a trend reversal after breaking the neckline.
3️⃣ Ascending Triangle – A narrowing upward channel that signals a bearish reversal when the price breaks down.
4️⃣ Double Bottom – A bullish pattern forming two troughs at the same support level before breaking up.
5️⃣ Inverted Head and Shoulders – A bullish version of the Head and Shoulders pattern, signaling a trend reversal after breaking above the neckline.
6️⃣ Descending Triangle – A narrowing downward pattern that leads to a bullish breakout.
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