Andres Lozano

Understanding chart patterns is crucial for predicting price movements in trading. Here’s a breakdown of the three main types of patterns: Reversal, Continuation, and Bilateral Patterns.
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🔄 Reversal Patterns – Indicate a potential trend change
1️⃣ Double Top – Bearish pattern forming two peaks at the same resistance level before breaking downward.
2️⃣ Head & Shoulders – Bearish pattern with three peaks (left shoulder, head, right shoulder), confirming a trend reversal after breaking the neckline.
3️⃣ Rising Wedge – A narrowing upward channel that signals a bearish reversal when price breaks downward.
4️⃣ Double Bottom – Bullish pattern forming two troughs at the same support level before breaking higher.
5️⃣ Inverse Head & Shoulders – A bullish version of the Head & Shoulders pattern, signaling a trend reversal after breaking above the neckline.
6️⃣ Falling Wedge – A downward-sloping, narrowing pattern that leads to a bullish breakout.
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🔄 Continuation Patterns – Suggest the current trend is likely to continue
1️⃣ Falling Wedge – A bullish continuation pattern where price consolidates within a downward channel before breaking higher.
2️⃣ Bullish Rectangle – Price moves sideways within a horizontal range before breaking upward.
3️⃣ Bullish Pennant – A small triangular formation after a strong uptrend, signaling further upside upon breakout.
4️⃣ Rising Wedge – A bearish continuation pattern where price consolidates in a narrowing upward channel before breaking downward.
5️⃣ Bearish Rectangle – Price consolidates within a horizontal range before breaking downward.
6️⃣ Bearish Pennant – A small symmetrical triangle forming after a strong downtrend, leading to a continuation lower.
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🔀 Bilateral Patterns – Can lead to a breakout in either direction
1️⃣ Ascending Triangle – A pattern with horizontal resistance and rising lows, leading to a potential breakout in either direction.
2️⃣ Descending Triangle – Features horizontal support and declining highs, with breakout direction depending on market conditions.
3️⃣ Symmetrical Triangle – A neutral pattern with converging trendlines, signaling a breakout is imminent but direction is uncertain.
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📌 Key Insights for Traders:
✅ Reversal Patterns indicate a shift in trend direction.
✅ Continuation Patterns signal that the trend is likely to persist.
✅ Bilateral Patterns suggest uncertainty, meaning price could break either way.
Learning these patterns will help you make better trade decisions, set entry points, stop-losses, and targets effectively! 💡💰
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I have been at it for 2 weeks, I consider myself a beginner like many, I am still a novice, I make mistakes and I want to share with you my learning, my key points, and advice to grow and evolve in this world of cryptos as someone who is just starting. All of this is focused on #futuros , although these are tips that can be adapted to you.

I had profits, I had streaks, and I had huge losses, that led me to learn something very important:
"The market rewards patience and punishes greed." Don't let yourself be carried away by greed, that will only lead you to lose what you worked hard to obtain.