š BULLISH BREAKOUT PATTERNS (15M / 1H TIMEFRAME) š
Use these classic chart setups to ride the wave early!
š¼ Chart Reversal Patterns (End of Downtrend)
š» Falling Wedge
What it means: Price consolidates with lower highs & lows; bulls are coiling.
Entry: Breakout above resistance.
Stop Loss: Just below recent swing low.
Target: Height of wedge from breakout point.
āļø Inverse Head & Shoulders
What it means: Sellers lose steam ā buyers step in.
Entry: Breakout above neckline.
Stop Loss: Below the right shoulder.
Target: Height from head to neckline projected up.
šŗ Cup and Handle
What it means: Rounded bottom = accumulation; slight pullback = handle.
Entry: Breakout above handle resistance.
Stop Loss: Below handle low.
Target: Depth of cup from breakout.
š Chart Continuation Patterns (Uptrend Confirmation)
šŗ Symmetrical Triangle
What it means: Consolidation = breakout incoming.
Entry: Breakout above triangle.
Stop Loss: Below triangle low.
Target: Triangle height added to breakout.
š Ascending Triangle
What it means: Flat resistance + rising support = buyers pressure building.
Entry: Break above resistance.
Stop Loss: Below last higher low.
Target: Triangle height from breakout.
š§± Bullish Rectangle
What it means: Sideways range during uptrend = trend continuation.
Entry: Breakout above range.
Stop Loss: Below range support.
Target: Range height from breakout.
ā Quick Checklist Before You Enter:
š Volume spike? Validates breakout!
š Wait for candle close ā fakeouts happen.
š Set Stop Loss ā always manage risk.
š Confluence? Combine with candlestick patterns for stronger confirmation.
š Pair These with Candlesticks Like:
Bullish Engulfing
Morning Star
Hammer / Inverted Hammer
Three White Soldiers
š” Tip: Use alerts at breakout levels & journal your trades!
Save this combo of Chart + Candlestick patterns and trade smart! š¹
#PriceAction #BullishPatterns #SmartTrading #StockAnalysis ?$WCT
