We hope that you
have achieved an arsenal of weapons to use when you battle the market now. In
this lesson, you will add yet another weapon: CHART PATTERNS!
Imagine chart
patterns as a land mine detector because, once you finish this lesson, you will
be able to spot “explosions” on the charts before they even happen, potentially
making you a lot of money in the process.
Before you let a fart explode chart patterns
are like that funny feeling which you get in your tummy right
Don’t
you wish you had a chart to detect this explosion?
we are going to
make you learnt the basic chart patterns and formations in this lesson . When correctly identified,
it usually leads to an explosive breakout, so watch out!
Keep it in mind
that our goal is to spot big movements before they happen so that we can ride
them out and rake in the cash. After all, who doesn’t want to have a pool of
cash to swim in like Richie Rich?
These chart
formations will greatly help us spot conditions where the market is ready to
break out. They can also indicate whether the price will continue in its
current direction or reverse so we’ll also be devising some nifty trade
strategies for these patterns.
You need not be
worried about. We are going to give you a neat little cheat sheet to help you.
Keep in mind all these cool patterns and strategies!
The list of the chart patterns is given
bellow:
- Double Top
and Double Bottom
- Head and
Shoulders and Inverse Head and Shoulders
- Rising and
Falling Wedges
- Bullish and
Bearish Rectangles
- Bearish and
Bullish Pennants
- Triangles
(Symmetrical, Ascending, and Descending)
No comments:
Post a Comment