CHART PATTERNS!
Think of chart patterns as a land mine detector because, once you finish this lesson, you will be able to spot “explosions” on the charts before they even happen, potentially making you a lot of money in the process.
In this lesson, we will teach you basic chart patterns and formations.
When correctly identified, it usually leads to an explosive breakout, so watch out!Remember, our goal is to spot big movements before they happen so that we can ride them out and rake in the cash.
Chart formations will greatly help us spot conditions where the market is ready to break out.
They can also indicate whether the price will continue in its current direction or reverse so we’ll also be devising some nifty trade strategies for these patterns.
Here’s the list of chart patterns that we’re going to cover:
1: Double Top and Double Bottom
2: Head and Shoulders and Inverse Head and Shoulders
3: Rising and Falling Wedges
4: Bullish and Bearish Rectangles
5: Bearish and Bullish Pennants
6: Triangles (Symmetrical, Ascending, and Descending)
Think of chart patterns as a land mine detector because, once you finish this lesson, you will be able to spot “explosions” on the charts before they even happen, potentially making you a lot of money in the process.
In this lesson, we will teach you basic chart patterns and formations.
When correctly identified, it usually leads to an explosive breakout, so watch out!Remember, our goal is to spot big movements before they happen so that we can ride them out and rake in the cash.
Chart formations will greatly help us spot conditions where the market is ready to break out.
They can also indicate whether the price will continue in its current direction or reverse so we’ll also be devising some nifty trade strategies for these patterns.
Here’s the list of chart patterns that we’re going to cover:
1: Double Top and Double Bottom
2: Head and Shoulders and Inverse Head and Shoulders
3: Rising and Falling Wedges
4: Bullish and Bearish Rectangles
5: Bearish and Bullish Pennants
6: Triangles (Symmetrical, Ascending, and Descending)
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