No indicators. Just the mastery of price action. 📉📈🚀
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Let's break down 3 types of mandatory patterns:
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REVERSAL PATTERNS
– The trend is about to reverse! ⚠️
Double top ⛰️⛰️ → Bearish divergence, expect a drop! 🔻
Head and shoulders 🧠🧠🧠 → Three peaks + neckline = danger zone! 🟥
Rising wedge 📈🔺 → Compression = upcoming drop.
Double bottom ⬇️⬇️ → A quick bounce is expected! 🔼
Inverse head and shoulders ⤵️🧠🧠🧠⤴️ → Breakout on the rise! 🚀
Falling wedge 🔻🔽 → Compression = upcoming bullish breakout! 🟢
📊
CONTINUATION PATTERNS
– The trend is taking a pause ☕️
Falling wedge 🔽📈 → Breakout upwards after a healthy pause.
Bullish rectangle ⬛️🟩 → Sideways, then up!
Bullish flag 🚩📈 → Mini-triangle before the lift-off!
Rising wedge 📈🔻 → Beware of the trap! Often breaks down.
Bearish rectangle 🟥⬛️ → Sideways, then drop.
Bearish flag 🚩📉 → A small pause before further pain.
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BIDIRECTIONAL PATTERNS
– Breakout in any direction ⚔️
Ascending triangle 🔼📊 → Flat top, increasing pressure — spike or drop?
Descending triangle 🔽📊 → Flat bottom, sellers accumulating!
Symmetrical triangle 🔺🔻 → Compression time — watch for the breakout!
Professional tips for traders
Reversals = The trend is tired. Time to flip.
Continuation = The trend is still strong. Ride it!
Bidirectional = Uncertainty. Wait for breakout confirmation!
Learn. Practice. Dominate.
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