Symmetrical and Ascneding/Descending Triangles are damn good.

This pattern is good on the daily time frame and 4 hour time frame. The pattern to look for is a symmetrical triangle: which is done by seeing lower highs and higher lows. You go long if it breaks to the upside of the symmetrical triangle and holds above the triangle resistance line for at least 12-16 hours, or go short if breaks to the downside of the triangle and wait 12-16 hours and see if it holds below the triangle support line. Then you go short.


Also I noticed that in some cases even when a full triangle drawing can not be completed and rough can be made, it stil is quite a effective pattern. The bearish case would be an ascending triangle with a ceiling of resistance. Wicks are included as sometimes it can wick past resistance due to whales performing stop hunts. But if it breaks down the ascending triangle with a resistance ceiling, and we hold for at least 12 hours below , even strong is 1-1.5 days below the triangle, then the next few days are very likely bearish

I drew a bunch of symmetrical triangles and ascending triangles with a constant resistance area here.Not all are shown as there too many to count but its a very reliable and accurate pattern, and called the long before the mega pump we had.