I had never taken this seriously like now, usually many scam academies but in general it is real that you have to have a skill for the systems, and a little fast for now I only do it in a spot way, I don’t know how to use futures ... what do you recommend? Any tutorial like this for futures?$BTC $XRP $RSR
Team_Helping_Hands
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execute profitable trades on your own . stop wasting your hard earned money
trade_withsania $RSR $XVG $ORDI Here’s an overview of some famous chart patterns used in trading to execute profitable trades with stop-loss and take-profit levels:
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1. Head and Shoulders
Description: A reversal pattern that indicates a trend change (bullish to bearish or vice versa). It has three peaks: a higher middle peak (head) flanked by two lower peaks (shoulders).
Trading Strategy:
Entry: Enter a short position after the price breaks below the neckline (support level).
Stop-Loss: Above the second shoulder.
Take-Profit: Measure the distance between the head and neckline and project it downward.
---
2. Inverse Head and Shoulders
Description: The opposite of the Head and Shoulders pattern, signaling a bearish-to-bullish reversal.
Trading Strategy:
Entry: Enter a long position after a breakout above the neckline.
Stop-Loss: Below the right shoulder.
Take-Profit: Measure the distance from the head to the neckline and project it upward.
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3. Double Top and Double Bottom
Double Top:
Description: A bearish reversal pattern with two peaks at a similar level.
Entry: Enter a short position when the price breaks below the neckline (support level).
Stop-Loss: Above the second peak.
Take-Profit: Measure the height between the peaks and neckline and project downward.
Double Bottom:
Description: A bullish reversal pattern with two valleys at a similar level.
Entry: Enter a long position when the price breaks above the neckline (resistance level).
Stop-Loss: Below the second valley.
Take-Profit: Measure the height between the valleys and neckline and project upward.
---
4. Cup and Handle
Description: A bullish continuation pattern resembling a teacup with a small consolidation (handle).
Trading Strategy:
Entry: Enter a long position after a breakout above the handle's resistance.
Stop-Loss: Below the bottom of the handle.
Take-Profit: Measure the depth of the cup and project it upward.
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5. Flag Patterns
Description: Continuation patterns that resemble a flag on a pole.
Bullish Flag: Appears after a strong uptrend.
Bearish Flag: Appears after a strong downtrend.
Trading Strategy:
Entry: Enter in the direction of the trend after a breakout of the flag.
Stop-Loss: Below the flag (bullish) or above the flag (bearish).
Take-Profit: Length of the flagpole projected from the breakout point.
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6. Ascending and Descending Triangles
Description:
Ascending Triangle: A bullish continuation pattern with a horizontal resistance line and rising support.
Descending Triangle: A bearish continuation pattern with a horizontal support line and falling resistance.
Trading Strategy:
Entry: Trade in the direction of the breakout (above resistance for ascending, below support for descending).
Stop-Loss: Below the support level (ascending) or above the resistance level (descending).
Take-Profit: Height of the triangle projected from the breakout point.
---
7. Symmetrical Triangle
Description: A neutral continuation pattern where the price consolidates into a tighter range.
Trading Strategy:
Entry: Enter in the direction of the breakout.
Stop-Loss: Below the support line (bullish) or above the resistance line (bearish).
Take-Profit: Height of the widest part of the triangle projected from the breakout.
---
8. Wedges (Rising and Falling)
Rising Wedge:
Description: A bearish reversal pattern with narrowing upward price movement.
Entry: Enter a short position after the price breaks below the wedge.
Stop-Loss: Above the wedge's resistance line.
Take-Profit: Measure the height of the wedge and project downward.
Falling Wedge:
Description: A bullish reversal pattern with narrowing downward price movement.
Entry: Enter a long position after the price breaks above the wedge.
Stop-Loss: Below the wedge's support line.
Take-Profit: Measure the height of the wedge and project upward.
---
Key Considerations:
1. Volume Confirmation: Higher volume during breakouts strengthens the validity of the pattern.
2. Risk-to-Reward Ratio: Aim for a ratio of at least 1:2 (risk $1 to make $2).
3. Backtesting: Practice these patterns on historical data to identify high-probability setups.
4. Indicators: Combine with RSI, MACD, or moving averages for better confirmation.
These patterns can significantly enhance trading accuracy when combined with disciplined risk management.
execute profitable trades on your own . stop wasting your hard earned money
trade_withsania $RSR $XVG $ORDI Here’s an overview of some famous chart patterns used in trading to execute profitable trades with stop-loss and take-profit levels:
---
1. Head and Shoulders
Description: A reversal pattern that indicates a trend change (bullish to bearish or vice versa). It has three peaks: a higher middle peak (head) flanked by two lower peaks (shoulders).
Trading Strategy:
Entry: Enter a short position after the price breaks below the neckline (support level).
Stop-Loss: Above the second shoulder.
Take-Profit: Measure the distance between the head and neckline and project it downward.
---
2. Inverse Head and Shoulders
Description: The opposite of the Head and Shoulders pattern, signaling a bearish-to-bullish reversal.
Trading Strategy:
Entry: Enter a long position after a breakout above the neckline.
Stop-Loss: Below the right shoulder.
Take-Profit: Measure the distance from the head to the neckline and project it upward.
---
3. Double Top and Double Bottom
Double Top:
Description: A bearish reversal pattern with two peaks at a similar level.
Entry: Enter a short position when the price breaks below the neckline (support level).
Stop-Loss: Above the second peak.
Take-Profit: Measure the height between the peaks and neckline and project downward.
Double Bottom:
Description: A bullish reversal pattern with two valleys at a similar level.
Entry: Enter a long position when the price breaks above the neckline (resistance level).
Stop-Loss: Below the second valley.
Take-Profit: Measure the height between the valleys and neckline and project upward.
---
4. Cup and Handle
Description: A bullish continuation pattern resembling a teacup with a small consolidation (handle).
Trading Strategy:
Entry: Enter a long position after a breakout above the handle's resistance.
Stop-Loss: Below the bottom of the handle.
Take-Profit: Measure the depth of the cup and project it upward.
---
5. Flag Patterns
Description: Continuation patterns that resemble a flag on a pole.
Bullish Flag: Appears after a strong uptrend.
Bearish Flag: Appears after a strong downtrend.
Trading Strategy:
Entry: Enter in the direction of the trend after a breakout of the flag.
Stop-Loss: Below the flag (bullish) or above the flag (bearish).
Take-Profit: Length of the flagpole projected from the breakout point.
---
6. Ascending and Descending Triangles
Description:
Ascending Triangle: A bullish continuation pattern with a horizontal resistance line and rising support.
Descending Triangle: A bearish continuation pattern with a horizontal support line and falling resistance.
Trading Strategy:
Entry: Trade in the direction of the breakout (above resistance for ascending, below support for descending).
Stop-Loss: Below the support level (ascending) or above the resistance level (descending).
Take-Profit: Height of the triangle projected from the breakout point.
---
7. Symmetrical Triangle
Description: A neutral continuation pattern where the price consolidates into a tighter range.
Trading Strategy:
Entry: Enter in the direction of the breakout.
Stop-Loss: Below the support line (bullish) or above the resistance line (bearish).
Take-Profit: Height of the widest part of the triangle projected from the breakout.
---
8. Wedges (Rising and Falling)
Rising Wedge:
Description: A bearish reversal pattern with narrowing upward price movement.
Entry: Enter a short position after the price breaks below the wedge.
Stop-Loss: Above the wedge's resistance line.
Take-Profit: Measure the height of the wedge and project downward.
Falling Wedge:
Description: A bullish reversal pattern with narrowing downward price movement.
Entry: Enter a long position after the price breaks above the wedge.
Stop-Loss: Below the wedge's support line.
Take-Profit: Measure the height of the wedge and project upward.
---
Key Considerations:
1. Volume Confirmation: Higher volume during breakouts strengthens the validity of the pattern.
2. Risk-to-Reward Ratio: Aim for a ratio of at least 1:2 (risk $1 to make $2).
3. Backtesting: Practice these patterns on historical data to identify high-probability setups.
4. Indicators: Combine with RSI, MACD, or moving averages for better confirmation.
These patterns can significantly enhance trading accuracy when combined with disciplined risk management.
ECB Releases Progress Report on Digital Euro Development
According to Cointelegraph, the European Central Bank (ECB) has published its second progress report on the preparatory phase for the issuance of a digital euro. The report addresses key issues such as holding limits for the central bank digital currency (CBDC) and the harmonization of laws across member states.The report marks the midpoint of the preparatory phase, which follows the investigative and design stages. The ECB has reviewed the developing digital euro rulebook, leading to the establishment of seven workstreams involving market participants and central banks to further its development. The rulebook aims to harmonize national laws to ensure universal standards, with a progress report released in September and another expected in July 2025.Research is ongoing to develop a digital euro user profile, focusing on identifying the needs of potential users. This includes user preferences on holding limits, which will be considered in technical research conducted with national central banks. Politico reported in October that holding limits have become a contentious issue between the ECB and national central banks. One proposed solution is a "reverse waterfall" mechanism that would automatically transfer excess digital euros to fiat currency in a linked bank account. The report also mentions ongoing investigations into solutions for offline transactions, though details remain sparse.A significant topic in the report is the competition in the financial market between European and non-European service providers and the need for enhanced technical services, such as digital wallets. The report highlights that payment service providers (PSPs) could leverage the digital euro infrastructure to develop new payment services. Additionally, a digital euro could assist regional and domestic European schemes in scaling up their payment offerings using the digital euro acceptance network.The report also suggests potential improvements to the user experience of the digital euro, allowing citizens with a strong preference for privacy to enjoy cash-like privacy features. In February, ECB executive board member Piero Cipollone assured that the digital euro would offer a higher standard of privacy than current commercial solutions.The selection of technical service providers will continue, alongside ongoing communications with the public and other stakeholders. The ECB plans to release the next digital euro progress report in the second quarter of 2025, with the ECB Governing Council potentially deciding on the launch of the European CBDC in October 2025.
$XRP XRbest P Ready for takeoff 🚀🚀 • Starting January 1, all Japanese citizens will be able to make payments with XRP. 🏯💳 • The central bank of India, representing the world's most populous country, has officially adopted XRP. 🇮🇳📈 • The launch of an XRP ETF is set to spike institutional demand. 📊📥 • Banks and institutions worldwide are rapidly adopting XRP for cross-border transactions. 🏦🌍 • A stablecoin backed by XRP is on the way, which will bring even more utility. 💸🔗 • A pro-crypto SEC chairman is expected to support Ripple, opening the doors to regulatory clarity. ✅🇺🇸 • Former President Trump plans to eliminate taxes on U.S.-based cryptocurrencies. 🤑🇺🇸
$XRP Guys, this is the last chance to get xrp at a lower price. The price of xrp was almost close to 2 dollars, but now, due to the selling pressure, it will face a brief correction and I think it will go down to 1.6 to 1.7 dollars.