๐ 3 Chart Patterns Every Trader Should Master (Mini Tutorial) ๐ฅ
1๏ธโฃ Bull Flag
๐ฉ Sharp move up (the pole) โ small downward channel (the flag)
โ
Signals continuation of an uptrend
๐ Entry: Breakout above the flag with volume
๐ Used in $BTC, $SOL, $INJ lately
2๏ธโฃ Double Bottom
๐ Price hits the same support twice
๐ Second bottom fails to break lower
โ
Signals a reversal from downtrend to uptrend
๐ฏ Entry: Break of neckline
Bonus tip: Look for rising volume on the second bounce ๐
3๏ธโฃ Falling Wedge
๐ป Price forms a narrowing downtrend
โ
Bullish pattern โ often precedes breakout
โก Entry: Breakout with confirmation
Great risk/reward setup on the 1Hโ4H charts
๐กPro tip: Always wait for confirmation โ donโt front-run!
Want a visual cheat sheet of these patterns?
๐ฌ Comment โPATTERNSโ and Iโll drop the chart ๐
๐ Repost to never miss a setup
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