This was advice from a seasoned trader and it was very effective.
Hamza says ❤️
Hello 👋🏻
Let me tell you honestly: since I learned this strategy, I have never faced a loss again. Yes, you heard that right! If you're still facing liquidations, and you're still confused about when to buy or where to place a stop loss order, I will help you today. I will reveal a secret formula that no one will tell you. And imagine! It will only take five minutes to learn!
Do you see these patterns in the chart above? They are not just charts, but signals for profit-taking. Once you understand them, you will find yourself faced with a hidden language in the market. Let me explain it to you in the simplest way.
1. Bull flag 📈
After a strong rise, the price consolidates in the form of a flag. When it breaks out, this is a buy signal! The stop loss is placed below the flag.
2. Measured move upward 🔁
This is a wave pattern. After the first rise, wait for a pullback. When the price starts moving again, buy! Stop loss below the pullback.
3. Bull flag 🚩
Short consolidation in a triangle after a rise. Breakout? This is the time to enter. Place the stop order just below the flag.
4. Cup and handle ☕
It seems easy! When the price breaks the support level, it means a buy signal. Place the stop order below the support level.
5. Rising shell 🌙
A beautiful curve forming higher lows. Once the price breaks this curve, it's time to buy. Stop at the lowest point.
6. 3 ascending valleys ⛰️
Three declines, each one higher than the previous. This shows strong bullish strength. Enter upon breaking the third peak.
7. Symmetrical triangle 🔺
The price is tightening more and more, forming a triangle. When it breaks upward, buy! The stop loss is just below the triangle.
8. Ascending triangle 📊
Flat top, rising bottom - great optimism. When the price breaks above the peak line, you can buy! Stop loss below the trend line.
9. Double bottom 🅱️
It's a 'W' shaped pattern. When the price breaks the neckline after the second bottom, buy! Stop at the second bottom.
