No indicators needed. Just master price action. Want to trade like the pros? Learn to read charts like you read a book.
Let’s explore 3 types of models that you must know to elevate your analytical skills:
🔄Inverted Model
– Signs of a trend about to reverse! ⚠️
Double Top ( ⛰️⛰️ → Rejected the price increase for the second time, preparing for a sharp decline! 🔻
Shoulder – Head – Shoulder )Head & Shoulders( 🧠🧠🧠 → Three peaks, break neckline = bearish reversal signal!
Rising Wedge 📈🔺 → Price increases in a narrow slope = easy to break.
Double Bottom ) ⬇️⬇️ → Strong bullish reaction after 2 bottoms. 🔼
Shoulder – Head – Inverse Shoulder (Inverse H&S) ⤵️🧠🧠🧠⤴️ → Strong breakout signal! 🚀
Nêm giảm (Falling Wedge) 🔻🔽 → Decreasing accumulation = upcoming bullish breakout! 🟢
📊Continuation Model
– The trend is currently on a “timeout” ☕️
Reduce (Falling Wedge) 🔽📈 → Take a break and then continue to rise.
Price box increases (Bullish Rectangle) ⬛️🟩 → Moves sideways, then breaks up.
The pennant flag increases (Bullish Pennant) 🚩📈 → A small triangle before a strong bounce!
Rising Wedge 📈🔻 → Bull trap, easy to break.
Box price drop (Bearish Rectangle) 🟥⬛️ → Move sideways, then drop sharply.
Bearish Pennant ( 🚩📉 → Pause before further decline.
🔀Two-Way Model )BILATERAL(
– Can break in both directions ⚔️
Ascending Triangle 🔼📊 → Horizontal top, rising bottom: can break up or be heavily sold.
Descending Triangle ) 🔽📊 → Horizontal bottom, declining top: a sign of sellers gathering strength!
Isosceles Triangle (Symmetrical Triangle) 🔺🔻 → The price is being compressed, waiting for the breakout moment!
✅Tips for Traders
Reversal pattern = The old trend has weakened, preparing to reverse.
Continuation model = Trend is still strong, may continue.
Two-dimensional model = Uncertain market. Wait for confirmation signal!
Learn. Practice. Master the market. 💪Comment “PATTERNS” if you find this post useful.
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Mastering Price Patterns & Avoiding Losses Forever
No indicators needed. Just master price action. Want to trade like the pros? Learn to read charts like you read a book.
Let’s explore 3 types of models that you must know to elevate your analytical skills: 🔄Inverted Model – Signs of a trend about to reverse! ⚠️ Double Top ( ⛰️⛰️ → Rejected the price increase for the second time, preparing for a sharp decline! 🔻 Shoulder – Head – Shoulder )Head & Shoulders( 🧠🧠🧠 → Three peaks, break neckline = bearish reversal signal! Rising Wedge 📈🔺 → Price increases in a narrow slope = easy to break. Double Bottom ) ⬇️⬇️ → Strong bullish reaction after 2 bottoms. 🔼 Shoulder – Head – Inverse Shoulder (Inverse H&S) ⤵️🧠🧠🧠⤴️ → Strong breakout signal! 🚀 Nêm giảm (Falling Wedge) 🔻🔽 → Decreasing accumulation = upcoming bullish breakout! 🟢 📊Continuation Model – The trend is currently on a “timeout” ☕️ Reduce (Falling Wedge) 🔽📈 → Take a break and then continue to rise. Price box increases (Bullish Rectangle) ⬛️🟩 → Moves sideways, then breaks up. The pennant flag increases (Bullish Pennant) 🚩📈 → A small triangle before a strong bounce! Rising Wedge 📈🔻 → Bull trap, easy to break. Box price drop (Bearish Rectangle) 🟥⬛️ → Move sideways, then drop sharply. Bearish Pennant ( 🚩📉 → Pause before further decline. 🔀Two-Way Model )BILATERAL( – Can break in both directions ⚔️ Ascending Triangle 🔼📊 → Horizontal top, rising bottom: can break up or be heavily sold. Descending Triangle ) 🔽📊 → Horizontal bottom, declining top: a sign of sellers gathering strength! Isosceles Triangle (Symmetrical Triangle) 🔺🔻 → The price is being compressed, waiting for the breakout moment! ✅Tips for Traders Reversal pattern = The old trend has weakened, preparing to reverse. Continuation model = Trend is still strong, may continue. Two-dimensional model = Uncertain market. Wait for confirmation signal! Learn. Practice. Master the market. 💪Comment “PATTERNS” if you find this post useful.