Falling Wedge ๐ฝ๐ โ Breaks up after a healthy pause. Bullish Rectangle โฌ๏ธ๐ฉ โ Sideways, then up! Bullish Pennant ๐ฉ๐ โ Mini triangle before liftoff! Rising Wedge ๐๐ป โ Trap alert! Often breaks down. Bearish Rectangle ๐ฅโฌ๏ธ โ Sideways, then dump. Bearish Pennant ๐ฉ๐ โ Small pause before more pain.
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BILATERAL PATTERNS
โ Breakout Either Way โ๏ธ
Ascending Triangle ๐ผ๐ โ Flat top, rising pressure โ pop or drop? Descending Triangle ๐ฝ๐ โ Flat bottom, sellers piling up! Symmetrical Triangle ๐บ๐ป โ Squeeze time โ watch for the breakout!
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Pro Tips for Traders
Reversals = Trend is tired. Time to flip. Continuations = Trend still strong. Ride it! Bilateral = Uncertainty. Wait for breakout confirmation!
Study. Practice. Dominate.
Drop a โPATTERNSโ in the comments if you found this helpful!