Unlock the Secret to Consistent Profits – Learn in 2 Minutes Directly from My Trading Journal
There’s one morning that stands out in my memory – charts open, coffee in hand, and a clear mindset:
"Keep it straightforward. Focus on the essentials."
No complicated indicators. No unnecessary tools. Just pure price action.
Here’s how I grew my portfolio by $BTC
$50,000 using just 3 simple price action patterns—and trust me, you can master them in under 2 minutes:
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1. Double Top Pattern
This classic pattern appears when price hits a resistance level twice and fails to break through. It’s a strong signal that the market may be about to reverse bearish.
How I trade it:
Wait for the price to break below the neckline (the support level between the two tops).
Enter on a clean retest of that neckline.
Target: Previous support area.
Stop loss: Just above the second top.
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2. Double Bottom Pattern
Think of this as the opposite of the Double Top. Price hits a support level twice and refuses to drop further. This forms a bullish reversal signal.
How I trade it:
Once the price breaks above the neckline (the resistance between the two bottoms), wait for a retest.
Enter long when the breakout is confirmed.
Target: Previous resistance area.
Stop loss: Just below the second bottom.
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3. Breakout + Retest Entry (The True Edge)
Whether it’s a double top, double bottom, or trendline breakout, the real entry isn’t during the breakout – it’s during the retest.
This is where most traders get nervous, and where the smart money steps in. The retest is your confirmation to enter at the best price.
These 3 setups, when applied with discipline and patience, have been my key to consistent profits. Over just a few weeks, I grew my portfolio by $50,000, and here’s the best part:
No indicators, no clutter – just pure price action.
Want to learn more actionable strategies like this?
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