Learn These Chart Patterns & Stop Trading Blind
No indicators. No complicated tools. Just clean, reliable price action.
If you want to trade with confidence, mastering these 3 types of chart patterns is essential:
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1️⃣ Reversal Patterns – Spot the Trend Change
These patterns signal that the current trend may be coming to an end:
Double Top – Signals potential price drop
Double Bottom – Indicates a bullish reversal
Head & Shoulders – Bearish pattern, watch for breakdown
Inverse Head & Shoulders – Bullish breakout potential
Rising Wedge – Price may reverse downward
Falling Wedge – Suggests an upward breakout
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2️⃣ Continuation Patterns – Trend Taking a Pause
These patterns usually mean the trend will resume after a short consolidation:
Bullish Pennant – Short rest before a strong upward move
Bearish Pennant – Similar but in a downtrend
Rectangle Pattern – Sideways movement, then continuation
Rising Wedge – Often bearish in a continuation phase
Falling Wedge – Bullish signal in an uptrend
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3️⃣ Bilateral Patterns – Breakout in Either Direction
These patterns can go up or down. Be ready for either:
Ascending Triangle – Typically bullish, but wait for breakout
Descending Triangle – Usually bearish, but confirmation is key
Symmetrical Triangle – Builds pressure; breakout can go either way
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Quick Tips:
Reversal patterns = Watch for trend shifts
Continuation patterns = Trend likely to resume
Bilateral patterns = Set alerts and wait for confirmation
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Save this. Study it. Practice it.
Trading isn’t guessing — it’s reading the chart like a map.
Comment “PATTERNS” if this helped.
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