The Golden Rules of Pattern Application 💡
Position > Pattern: The same pattern has completely different meanings at the top/bottom (e.g., a hammer line at the bottom indicates a reversal, while at the top it indicates weakness).
Multiple Signal Overlap: Pattern + Indicators (e.g., MACD divergence) + Trendline Breakthrough can reduce false signal interference.
Dynamic Adjustment: Adjust parameters when market sentiment changes (e.g., extend the overbought threshold to RSI 80 in a bull market).
Example Strategy:
Buying Timing: Head and Shoulders Bottom breaking the neckline + volume doubling + MACD golden cross → Target increase = distance from head to neckline.
Selling Timing: Evening Star + RSI top divergence + breaking below the 10-day moving average → Set stop loss 3% below the neckline.
By flexibly using these patterns, investors can more accurately capture the market pulse! 📊✨