Analysis of Downward Patterns, identifying downward patterns can help us avoid pitfalls!
1: Double Top + Bearish Engulfing: After two tops are formed, a bearish engulfing candle appears, signaling the trend to initiate a downward movement.
2: Flag Consolidation: A brief consolidation during the downward process, after which there is a high probability of a downward trend; do not be misled by the rebound illusion.
3: Key Area (Support/Resistance): When the price breaks below key support, the downward trend is confirmed; timely stop loss.
