Rules for Trading Chart Patterns
Wait for confirmation
Don’t assume a breakout. Always wait for a close beyond the breakout level.
Use volume confirmation
High volume strengthens signals.
Trade only strong patterns
Avoid weak, uneven, unclear structures.
Always check market trend
Pattern reliability increases in the direction of trend.
Use stop-loss
Set SL below support (bullish) or above resistance (bearish).
Measure target using pattern height
Many patterns provide measurable targets.
Combine with indicators
RSI, EMA, MACD improve accuracy.
Wait for confirmation
Don’t assume a breakout. Always wait for a close beyond the breakout level.
Use volume confirmation
High volume strengthens signals.
Trade only strong patterns
Avoid weak, uneven, unclear structures.
Always check market trend
Pattern reliability increases in the direction of trend.
Use stop-loss
Set SL below support (bullish) or above resistance (bearish).
Measure target using pattern height
Many patterns provide measurable targets.
Combine with indicators
RSI, EMA, MACD improve accuracy.
I built a Buy & Sell Signal Indicator with 85% accuracy.
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I built a Buy & Sell Signal Indicator with 85% accuracy.
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.