Hey BINANCE friends! 👋
If you're new to trading or investing, these patterns can help you guess what the price might do next. Let’s break them down in plain, easy words:
🔻 1. Head and Shoulders
Looks like a person’s head.
Means: Price might fall soon. (Reversal signal)
🔺 2. Inverse Head and Shoulders
Upside-down version.
Means: Price might go up soon.
🔻 3. Double Top
Price hits the same high twice, then drops.
Means: Fall ahead.
🔺 4. Double Bottom
Price hits the same low twice, then rises.
Means: Rise ahead.
🚩 5. Flag Patterns
Price pauses a bit, then continues.
Green flag = uptrend continues
Red flag = downtrend continues
📉6. Rising Wedge
Price goes up but slows down.
Means: Could fall soon.
📈 7. Falling Wedge
Price goes down but weakly.
Means: Could rise soon.
🧠 Quick Tip: These patterns give clues—not guarantees. Always practice and learn before trading real money!
#tradingtips #chartpatterns #Beginnersguide