Honestly, I’ve been thinking for a long time about why some traders see the market differently, while others just look at the candles. It turns out, it’s all about patterns. Not the indicators that everyone gets excited about, but specifically how the price draws figures on the chart.

I’ll start with the most understandable one. Head and Shoulders — this is a classic reversal pattern. You see three peaks, with the middle higher than the outer ones? After an uptrend, this often signals a decline. I’ve seen traders catch this pattern multiple times and profit from the downturn.

Then there’s the double top and double bottom. A double top indicates that the bulls are tired of breaking through the same level — a fall might be coming soon. Conversely, a double bottom shows that the bears have exhausted their strength, and the price is ready to rise. These are good entry points if you understand what you’re looking at.

And here’s what’s interesting — there are also flags and pennants. These are not reversals but continuations. The price consolidates, gathers strength, and then continues moving in the direction of the main trend. Often, this provides good opportunities to enter in the trend.

The key point: patterns don’t work by themselves. You need to look at volumes, and you need confirming signals. Otherwise, you risk false breakouts. I learned this from my mistakes.

And you? What trading patterns do you use in your strategy? Maybe you have your own discoveries or combinations that work best? Share in the comments — I’d love to hear.