"6 Most Profitable Chart Patterns in Forex – Master These First" (1 Viewer)

[eragon_99]

1. Double Top
Bearish reversal pattern
• Forms two peaks at same level
• Entry: After neckline break
Best used after an uptrend

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2. Double Bottom
Bullish reversal pattern
• Two bottoms at same level
• Entry: After neckline break
Best used after a downtrend

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3. Head & Shoulders
Powerful trend reversal pattern
• 3 parts: Left shoulder, head, right shoulder
• Entry: Break of neckline
Add volume confirmation

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4. Inverse Head & Shoulders
Bullish version of H&S
• Entry: Break of neckline + retest
Strong for long-term reversal setups

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5. Triangle Patterns (Symmetrical, Ascending, Descending)
• Price squeezes → breakout
• Entry: After breakout + retest
Wait for volume increase or breakout candle

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6. Flag & Pennant
• Continuation patterns
• Trend pause → consolidation → breakout
Great for momentum traders

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These patterns are powerful, but only with confirmation
Never enter blindly — combine with S/R, candle signals, and risk rules.

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