📊 Top 6 Chart Patterns Every Trader Must Know! Whether you’re into crypto, stocks, or forex — these patterns are universal weapons for technical traders. 🧠💹
✅ I’ve personally used some of these for timing trend reversals and breakouts with better precision. If you're serious about trading, don’t skip mastering these:
🔻 Bearish Patterns Double Top – Trend exhaustion Head & Shoulders – Market turning point Rising Wedge – Hidden sell signals
🔺 Bullish Patterns 4. Double Bottom – Classic rebound 5. Inverse H&S – Deep pullback, strong reversal 6. Falling Wedge – Quiet before the breakout
💡 Pro Tip: Always combine patterns with volume + RSI or MA for real confirmation — not just guesswork.
🔁 Repost this if you're learning. ❤️ Like & comment which pattern you’ve traded recently!
Two peaks at the same level followed by a breakdown of the neckline. 📍 Entry: Below neckline 📉 Target: Height of the pattern 🛑 Stop: Above the second top
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🔻 2. Head and Shoulders – Bearish Reversal
A large peak (head) between two smaller peaks (shoulders), breaking below the neckline. 📍 Entry: Break of neckline 📉 Target: From head to neckline 🛑 Stop: Above right shoulder
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🔻 3. Rising Wedge – Bearish Continuation
Price tightens in an upward slope—often a setup for a breakdown. 📍 Entry: After breaking down the wedge 📉 Target: Start of the wedge 🛑 Stop: Just above the upper wedge line
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🔺 4. Double Bottom – Bullish Reversal
Two bottoms forming a “W” pattern, followed by a neckline breakout. 📍 Entry: On neckline breakout 📈 Target: Same height as the bottom-to-neckline 🛑 Stop: Below the second bottom
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🔺 5. Inverse Head and Shoulders – Bullish Reversal
A large dip (head) between two smaller dips (shoulders) signaling upside breakout. 📍 Entry: Break above neckline 📈 Target: Neckline to bottom of head 🛑 Stop: Below right shoulder
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🔺 6. Falling Wedge – Bullish Continuation
Price contracts downward between two converging lines—usually leads to a breakout. 📍 Entry: On breakout 📈 Target: From wedge base 🛑 Stop: Below wedge support
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💡 Pro Tips:
Combine chart patterns with volume, RSI, or moving averages for stronger confirmation. 🎯 Master these patterns. Trade with confidence. If you find the post helpful then please follow like and comment on it thankyou❤️
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