GoldenEngine

How To Trade Bearish Pattern's like Professional

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BITSTAMP:BTCUSD   Bitcoin
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➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
-----------------------
How To Trade Bearish Pattern's like Professional
-------
1 ) Descending Triangle

What is Descending Triangle
---------
This Triangle Contain 3 lower Higher &
3 - 2 Same level - and that mean there is
Selling Pressure on this area
--------
Target will be The Same Distance From
B : C -
IF This Area 200 PIP Target will be
200 PIP --

Stop loss Above
Down Connected line B - D

------------------------------
2 ) Symmetrical Triangle


What is Symmetrical Triangle
---------
This Triangle Contain 3 Higher low's &
3 - 2 lower high - and that mean there is
buy'er & sell fight's in this area -
and the winner who will break that Triangle

Target will be The Same Distance From
B : C -
IF This Area 200 PIP Target will be
200 PIP --

Stop loss Above
Down Trend line B - D

-----------------
3 ) Triple Top Pattern

WHAT IS A TRIPLE TOP?
-------------------
The triple top pattern entails Three high points
within a market which signifies an impending
bearish reversal signal. A measured decline in
price will occur between the Three high points,
showing some resistance at the price highs

Stop loss Above
Half Distance From Top to Nick line
----------------
4 ) Head & Shoulder Pattern

Target Same Distance From
Head To Nick
---------
If The Distance From Head To Nick is
200 PIP -- So Our Target will be 200 PIP
-----------
And Stop loss Will be 32 %
Of the 200 PIP Distance
---
Or Will be above Down Trend
That Connected
From Head To Right Shoulder Line

Stop loss Above
Down Connected line
From Head To Shoulder

-----------------
5 ) Up Channel Pattern

Target Same Distance From
Upper line To lower line
-------------
IF The Distance From Upper line To
lower line 200 PIP -- So Our Target
will be 200 PIP
------
Stop loss will be 32 % of Our Target
or near From middle line Of Broken
Channel

Stop loss Will be Above
Broken Channel Lower Line
/ Near Fro Channel Middle line

Risk : Reward
1 : 2 / 1 : 3

--------------
6 ) Inverted
Cup & Handle Pattern

What is an ‘inverted cup and handle’?

If you look at the regular cup and handle
pattern, there is a distinct ‘u’ shape and
downward handle, which is followed by
a bullish continuation. This means the
inverted cup and handle is the opposite
of the regular cup and handle.
Instead of a ‘u’ shape,
it forms an ‘n’ shape, with the handle
bending slightly upwards on the chart.

Stop loss Will be Above
Broken Support
Near From Handle

Sell Here
-------
Risk : Reward
1 : 3 -
Same Distance From Cup
to nick
--------------------------
7) Bearish Flag Pattern
The bear flag formation is
------------
underlined from an initial strong directional
move down, followed by
a consolidation channel in an upwards

Target Will be same Distance From Upper
line of flag to lower line

Stop loss Above
Flag middle line ( Channel )

Sell Here
-------
Risk : Reward
1 : 3

--------------------
8 ) Double Top Pattern

WHAT IS A DOUBLE TOP?
-------------------
The double top pattern entails two high points
within a market which signifies an impending
bearish reversal signal. A measured decline in
price will occur between the two high points,
showing some resistance at the price highs

Stop loss Above
Half Distance From Top to Nick line

Sell Here
-------
Risk : Reward
1 : 3 - 1 : 2

--------------------
9 ) Bearish Rectangle Pattern

4.Bearish Rectangle
-------------
The bearish rectangle pattern
characterizes a
pause in trend whereby price
moves sideways
between a parallel support
and resistance
zone.

Stop loss Will be Above
Broken Rectangle
or Near to Middle line

Sell Here
-------
Risk : Reward
1 : 3 - 1 : 2

-----------------------------
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How To Trade Bullish Pattern's like Professional - Chapter 2
Good luck to all

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Bullish Candlestick's Patterns You Must Know

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