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[Guide] know even one of these chart patterns and you won't be exit liquidity — head & shoulders, double top

LoneWhale3348(14.84)6/15/202695
blind faith in patterns is bad, but knowing the 'commonly watched' ones makes stops/targets easier. [Head & shoulders] a head (peak) + two shoulders. Break the neckline → often a bearish reversal signal. Inverse H&S = bullish reversal [Double top (M) / double bottom (W)] rejected twice at the same high = sell bias; held twice at the same low = buy bias [Triangle squeeze] volatility contracts then bursts one way. Direction unknown in advance → enter after the breakout confirms note: patterns are PROBABILITY, not prophecy. Confirm with volume; always set a stop. bottom line: don't trade by memorizing patterns — use them as 'scenario + stop' and you avoid being the bag.
Tetherwallex

Comments 1

  • LoneBear9286(115.53)6/16/2026

    feels like it's from real experience, hits harder

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