Use these classic chart setups to ride the wave early! ๐ผ Chart Reversal Patterns (End of Downtrend) ๐ป Falling Wedge What it means: Price consolidates with lower highs & lows; bulls are coiling. Entry: Breakout above resistance. Stop Loss: Just below recent swing low. Target: Height of wedge from breakout point. โ๏ธ Inverse Head & Shoulders What it means: Sellers lose steam โ buyers step in. Entry: Breakout above neckline. Stop Loss: Below the right shoulder. Target: Height from head to neckline projected up. ๐บ Cup and Handle What it means: Rounded bottom = accumulation; slight pullback = handle. Entry: Breakout above handle resistance. Stop Loss: Below handle low. Target: Depth of cup from breakout. ๐ Chart Continuation Patterns (Uptrend Confirmation) ๐บ Symmetrical Triangle What it means: Consolidation = breakout incoming. Entry: Breakout above triangle. Stop Loss: Below triangle low. Target: Triangle height added to breakout. ๐ Ascending Triangle What it means: Flat resistance + rising support = buyers pressure building. Entry: Break above resistance. Stop Loss: Below last higher low. Target: Triangle height from breakout. ๐งฑ Bullish Rectangle What it means: Sideways range during uptrend = trend continuation. Entry: Breakout above range. Stop Loss: Below range support. Target: Range height from breakout. โ Quick Checklist Before You Enter: ๐ Volume spike? Validates breakout! ๐ Wait for candle close โ fakeouts happen. ๐ Set Stop Loss โ always manage risk. ๐ Confluence? Combine with candlestick patterns for stronger confirmation. ๐ Pair These with Candlesticks Like: Bullish Engulfing Morning Star Hammer / Inverted Hammer Three White Soldiers ๐ก Tip: Use alerts at breakout levels & journal your trades! Save this combo of Chart + Candlestick patterns and trade smart! ๐น
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๐ BULLISH BREAKOUT PATTERNS (15M / 1H TIMEFRAME) ๐
Use these classic chart setups to ride the wave early!
๐ผ Chart Reversal Patterns (End of Downtrend)
๐ป Falling Wedge
What it means: Price consolidates with lower highs & lows; bulls are coiling.
Entry: Breakout above resistance.
Stop Loss: Just below recent swing low.
Target: Height of wedge from breakout point.
โ๏ธ Inverse Head & Shoulders
What it means: Sellers lose steam โ buyers step in.
Entry: Breakout above neckline.
Stop Loss: Below the right shoulder.
Target: Height from head to neckline projected up.
๐บ Cup and Handle
What it means: Rounded bottom = accumulation; slight pullback = handle.
Entry: Breakout above handle resistance.
Stop Loss: Below handle low.
Target: Depth of cup from breakout.
๐ Chart Continuation Patterns (Uptrend Confirmation)
๐บ Symmetrical Triangle
What it means: Consolidation = breakout incoming.
Entry: Breakout above triangle.
Stop Loss: Below triangle low.
Target: Triangle height added to breakout.
๐ Ascending Triangle
What it means: Flat resistance + rising support = buyers pressure building.
Entry: Break above resistance.
Stop Loss: Below last higher low.
Target: Triangle height from breakout.
๐งฑ Bullish Rectangle
What it means: Sideways range during uptrend = trend continuation.
Entry: Breakout above range.
Stop Loss: Below range support.
Target: Range height from breakout.
โ Quick Checklist Before You Enter:
๐ Volume spike? Validates breakout!
๐ Wait for candle close โ fakeouts happen.
๐ Set Stop Loss โ always manage risk.
๐ Confluence? Combine with candlestick patterns for stronger confirmation.
๐ Pair These with Candlesticks Like:
Bullish Engulfing
Morning Star
Hammer / Inverted Hammer
Three White Soldiers
๐ก Tip: Use alerts at breakout levels & journal your trades!
Save this combo of Chart + Candlestick patterns and trade smart! ๐น