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1. Head and Shoulders: This pattern usually indicates a potential change in trend and possible price movement in the opposite direction.
2. Double Bottom and Double Top: These patterns indicate a possible change in trend after the price has touched a certain level twice.
3. Triangles: These are patterns that form on charts when the price moves in a narrow range without a clear trend.
4. Flag and Pennant: These patterns usually indicate a continuation of the current trend after a period of consolidation.
5. Trading Volume: Patterns based on trading volume can indicate market strength or weakness, which can be used to identify potential entry and exit points for trades.
#Write2Earn #traderpannterns #traders #trader
2. Double Bottom and Double Top: These patterns indicate a possible change in trend after the price has touched a certain level twice.
3. Triangles: These are patterns that form on charts when the price moves in a narrow range without a clear trend.
4. Flag and Pennant: These patterns usually indicate a continuation of the current trend after a period of consolidation.
5. Trading Volume: Patterns based on trading volume can indicate market strength or weakness, which can be used to identify potential entry and exit points for trades.
#Write2Earn #traderpannterns #traders #trader
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