Earning $50 daily using these chart patterns involves identifying the patterns on real-time charts, planning trades accordingly, and maintaining disciplined risk

management. Here's a step-by-step guide:

1. Learn the Patterns

Familiarize yourself with each chart pattern shown:

Bullish/Bearish Flags and Pennants: Indicate continuation of the trend.

Cup & Handle, Double Bottom, Inverse Head & Shoulders: Indicate trend reversals (bullish).

Double Top, Head & Shoulders: Indicate bearish reversals.

Wedges and Triangles: Indicate breakout or breakdown depending on the trend.

2. Choose a Liquid Market

Trade cryptocurrencies, forex, or stocks with high liquidity and volatility, such as BTC/USDT, ETH/USDT, or popular forex pairs. High liquidity ensures better trade execution and movement.

3. Set Realistic Goals

If your daily target is $50, calculate the amount you need to trade and your risk tolerance:

Use a risk-reward ratio of at least 1:2.

For a $50 target, risking $25 per trade is reasonable if you have a clear setup.

4. Identify the Patterns in Real-Time

Look for these patterns using trading platforms like TradingView or Binance:

Use technical indicators like volume and moving averages to confirm the patterns.

Watch smaller timeframes (5-min, 15-min, 1-hour) for frequent setups.

5. Plan Your Trade

Each chart pattern has:

Entry (E): Where you open your trade (breakout or breakdown).

Stop Loss (SL): A predefined level to cut losses (below support or above resistance).

Take Profit (TP): Your target level based on the pattern's measured move.

Example:

For a bullish flag, enter after a breakout above the flag, set a stop loss below the flag's low, and take profit equal to the flagpole's height.

6. Manage Risk

Risk only 1-2% of your total capital per trade.

Use leverage cautiously (if trading crypto or forex) to maximize gains but control losses.

7. Monitor & Adjust

Use alerts to track breakout levels.

Adjust stop-loss to breakeven once the trade moves in your favor.

8. Stay Disciplined

Avoid overtrading.

Stick to your strategy and avoid emotional decisions.

Example Trade to Earn $50

Assume you identify a bullish flag on BTC/USDT.

Entry: $26,000

Stop Loss: $25,800 (-$200)

Take Profit: $26,400 (+$400)

With a 0.25 BTC position, you make $100 for a successful trade and lose $50 if it fails. Consistently hitting trades like this can average $50 daily.

Would you like a breakdown of a specific pattern with live market examples?