CHART PATTERNS MASTERY COURSE: MODULE 8: MASTERY AND APPLICATION | DAY 50
THE COMPLETE CHEAT SHEET: Every Module on One Screen
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CLASSIC PATTERNS:
🟡 REVERSALS: Head and shoulders, double and triple top or bottom. Trend ends, direction flips. Target the pattern height.
🟡 CONTINUATIONS: Flags, pennants, triangles, rectangles, cup and handle. A pause in the trend. Breaks with the trend.
🟡 WEDGES: Rising wedge is bearish, falling wedge is bullish. Breaks against its slope.
🟡 CANDLES: Doji is indecision. Hammer and star show rejection. Engulfing and stars signal reversals.
ADVANCED TOOLKIT:
HARMONIC D POINT:
▪️ Gartley: 0.786 of XA
▪️ Bat: 0.886 of XA
▪️ Butterfly: 1.272 beyond X
▪️ Crab: 1.618 beyond X
STRUCTURE: BOS continues the trend. CHoCH warns of a reversal. Confirm with a body close.
LIQUIDITY: Rests beyond highs and lows. Price sweeps to grab stops, then reverses.
ZONES: Order block is the last opposite candle. FVG is a three candle gap price fills.
THE TRADE CHECKLIST:
Never trade without all five:
1️⃣ Bias. Higher timeframe trend and structure set the direction.
2️⃣ Setup. A valid pattern, zone, or confluence lines up.
3️⃣ Entry. Confirmed on a retest or a candle signal.
4️⃣ Stop. Beyond invalidation, decided before you enter.
5️⃣ Size. Risk 1 to 2 percent, target at least 2 to 1.
Next: Day 51 | Graduation ➡️
#CheatSheet #ChartPatterns #TechnicalAnalysis
Crypto Patel @CryptoPatelCHART PATTERNS MASTERY COURSE: MODULE 8: MASTERY AND APPLICATION | DAY 49 APPLYING IT ALL TO CRYPTO: Patterns in a 24/7 Market The patterns work, but crypto has its own rules. Adapt them or get caught off guard. CRYPTO IS NOT STOCKS: THE KEY DIFFERENCES: 1️⃣ IT NEVER CLOSES: No daily open or close to anchor to. Watch the daily and weekly candle instead. 2️⃣ EXTREME VOLATILITY: Wicks are deeper and fakeouts are sharper. Give stops more room. 3️⃣ THIN WEEKEND LIQUIDITY: Low volume weekends make sweeps and wild moves far easier. 4️⃣ NEWS AND LEVERAGE: Liquidations cascade fast. A pattern can break on a single headline. TRADE IT THE CRYPTO WAY: ADAPT YOUR APPROACH: 1️⃣ Read BTC first. It leads. Most alts follow its direction. 2️⃣ Watch BTC dominance to time alt season rotations. 3️⃣ On low cap alts, size smaller. Liquidity is thin and risky. 4️⃣ Favor the higher timeframes. They filter out crypto noise. THE CORE TRUTH: The patterns are the same. Crypto just moves faster, wilder, and all day. Respect that and the edge still holds. DAY 49 KEY TAKEAWAYS ➡️ Crypto never closes and moves fast ➡️ Read BTC and dominance first ➡️ Size down on thin low cap alts ➡️ Higher timeframes filter the noise Next: Day 50 | The Complete Cheat Sheet ➡️ #CryptoTrading #BitcoinDominance #ChartPatterns
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