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Hello 👋🏻
Let me tell you honestly: since I learned this strategy, I haven't faced a loss again. Yes, you heard that right! If you are still facing liquidations, and are still confused about when to buy or where to place a stop loss, I will help you today. I will reveal to you a secret formula that no one will tell you. And imagine! It will only take five minutes to learn it!
Are these the patterns you see in the chart above? They are not just graphs; they are signals for profit-taking. Once you understand them, you will find yourself in front of 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 a flag shape. Upon breaking, this is a buy signal! Place a stop loss below the flag.
2. Measured Move Up 🔁
This is a wave pattern. After the first rise, wait for a pullback. When the price starts to move 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 Cup 🌙
A nice curve shape forming higher lows. Once the price breaks this curve, it's time to buy. Stop at the lowest point.
6. 3 Rising 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 narrowing down more and more, forming a triangle. Upon breaking upwards, buy! The stop loss is just below the triangle.
8. Ascending Triangle 📊
Flat top, rising bottom - great optimism. When the price breaks 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 neck line after the second bottom, buy! Stop at the second bottom.