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Home Guide

HOW TO BECOME A TRADER: YOU HAVE TO KNOW THESE PATTERNS

Finwizelly by Finwizelly
May 31, 2025
in Guide, Blockchain
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TRADER

how to become a trader

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Hey traders!

Let me tell you something honestly — since I learned this strategy, I’ve never faced a loss again. Yes, you heard that right! If you are still being liquidated or still confused about when to buy or where to place your stop loss, then I have you covered today. I will reveal a secret formula that no one else will tell you. And guess what? It will only take 5 minutes to learn!

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Those patterns you see on the chart above? They are not just drawings — they are signals for making money. Once you understand them, it’s like unlocking a hidden language of the market. Let me explain it more simply.

candlestick
trader candlestick

1. Bull Flag 📈

After a strong move up, the price consolidates in a flag shape. When it breaks, that’s your buy signal! Stop loss goes below the flag.

2. Measured Move Up 🔁

This is a wave pattern. After the first leg up, wait for a correction. When it starts moving again — buy! Stop loss below the correction.

3. Bull Flag 🚩

A short consolidation in a triangle after a rally. Breakout? That’s the moment to enter. Place your stop just below the flag.

4. Cup and Handle ☕

Looks like a cup! When the price breaks above the handle, that’s your green light to buy. Stop goes below the handle.

5. Ascending Scallop 🌙

A beautiful curved shape forming higher lows. As soon as the price breaks the curve, it’s time to buy. Stop below the lowest point.

6. 3 Higher Lows ⛰️

Three dips, each higher than the last. This shows strong bullish power. Enter on the breakout above the third peak.

7. Symmetrical Triangle 🔺

The price gets tighter, forming a triangle. When it breaks upward — buy! Stop loss goes just below the triangle.

8. Ascending Triangle 📊

Flat top, higher low — super bullish. When the price breaks the upper line, you buy! Stop loss below the trend line.

9. Double Bottom 🅱️

It’s a pattern shaped like a ‘W’. When the price breaks the neckline after the second bottom, buy! Stop below the second dip.

Tags: basic knowledge of tradingBitcoinhow to become a tradertradertrading secretsXRP
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