Jump to content

Top 12 Chart Patterns You Should Start Using Today For Making Money


Recommended Posts

Chart Patterns Trading – Best 12 Chart Patterns to Trade in 2022

895642464_TOP12(1).thumb.png.9ee09b8eaa70305ecb4f058cfd175cbc.png

 

10 years of  Stock Chart Patterns trading, analysis and research and I am still as fascinated by them as before. I made sure to constantly remind myself that the only path to successful trading relies solely on technical analysis and chart patterns.

This article will go over the 12 most common chart patterns that you will encounter regardless of your trading time frame (intraday to weeks at a time) or financial instrument of choice.

12 Chart Patterns Every Trader Should Know
1. Double Top Chart Pattern
2. Double Bottom Chart Pattern
3. Head and shoulders
4. Flag Chart Pattern
5. Pennant Chart Patterns
6. Cup and Handle Chart Patterns
7. Rounding Top Chart Pattern
8. Rounding Bottom Chart Pattern
9. Wedge Chart Patterns
10. Triangle Chart Patterns
11. Rectangle Chart Patterns
12. Island Reversals

If you’ve ever wondered what the big players are up to, where the big money is being invested, or what the majority of market participants think about current market scenarios – this is the place to be because chart patterns are smart money’s footprints.

Chart patterns, when studied repeatedly, show that traders’ behavior is the same as it was previously, and even the creation of powerful trading bots and applications is done by traders and people like you and me, so things in the trading world are the same today as they were before.

 

 

 

 

 

 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • The mischievous amphibian who became a meme legend? Well, meet Apu, his wide-eyed, optimistic cousin, taking the internet by storm – and now, perhaps, the world of finance. Apu, also known as Peepo or Helper, is a kinder, gentler Pepe variant. Tired of the often-scammy memecoin scene, Apu (or rather, Apu's devoted community) decided to create something different: $APU, a "fairly launched, fully transparent coin" built by and for "all frens." Here's where things get interesting. $APU's narrative is one of resilience and community power. Fueled by the cryptocurrency community's enthusiasm, $APU was initially launched with the best of intentions. However, the dream took a nasty turn when the original developer pulled the rug – a disheartening scenario for many crypto enthusiasts. Today, $APU stands as a testament to community empowerment. It's a beacon of hope for projects facing similar challenges, a reminder that collaboration and resilience can transform setbacks into stepping stones. It's also worth noting that another community-driven memecoin, $MASSA, recently found a home on the Bitget exchange. Could this be a sign of things to come for $APU? What are your thoughts? Does Apu's story inspire you? Can a memecoin truly become a legitimate force in the volatile world of cryptocurrency? Share your thoughts and predictions in the comments below!
    • The price shown on the graph is the price after the IG's fee taken. That is the reason for discrepancy.
    • I am a relatively newbie. I have seen similar and also have seen automated closed position has a loss though the close price I have set was above the price I have bought. After about 6 months with a lot of mysterious losses though my closing price was above the opening price, I discovered this was because of the amount charged for opening/closing a position. This is right below BUY and SELL boxes on the right in very small font. This amount vary from  0.9 to 33 or more depending on the level of trading at the time you open or close. It also happens (god knows why it is set to be so, except that the trader is not watching) when there is a lot of buying and selling going on, like an important news has suddenly been out and the result was not the market expected. As a result, I delete all my automated BUY/SELL values before I stop trading for the day. Remember, the the software is set up to favor the IG, not the retail seller. That is why 70% or more end up in loss.  
×
×
  • Create New...
us