Understanding candlestick structures can dramatically improve your trading accuracy and minimize losses. Here are 6 powerful bullish patterns every trader should know 👇
🔻 1. Falling Wedge
Structure: A downward-sloping, narrowing range
✅ Entry: Breakout above resistance
🛑 Stop-Loss: Just below the last swing low
🎯 Target: Measure the wedge height and add it to the breakout point
🔺 2. Symmetrical Triangle
Structure: Converging trendlines (lower highs & higher lows)
✅ Entry: On breakout above the upper trendline
🛑 Stop-Loss: Just below the latest support zone
🎯 Target: Vertical distance from widest point of triangle
👤 3. Inverse Head & Shoulders
Structure: Three dips, with the middle one (head) being the lowest
✅ Entry: When price breaks above the neckline
🛑 Stop-Loss: Below the right shoulder
🎯 Target: Head-to-neckline height projected upward
☕ 4. Cup and Handle
Structure: A rounded bottom (cup) followed by a brief pullback (handle)
✅ Entry: Breakout over handle resistance
🛑 Stop-Loss: Beneath the handle
🎯 Target: Add the cup’s depth to the breakout price
📐 5. Ascending Triangle
Structure: Flat resistance line + higher lows
✅ Entry: Breakout over horizontal resistance
🛑 Stop-Loss: Below most recent higher low
🎯 Target: Height of triangle added to the breakout level
🔳 6. Bullish Rectangle
Structure: Price ranges between fixed support and resistance
✅ Entry: Breakout above resistance line
🛑 Stop-Loss: Below the rectangle support
🎯 Target: Distance between support & resistance, added to the breakout
💡 Pro Tips for Accuracy:
✅ Confirm breakout with volume surge
✅ Use RSI/MACD for extra confirmation
✅ Always apply strict risk management & respect your stop-loss
📸 
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