24 Jul

Let´s get started

My favourite patterns

Hi guys!

Thank you so much for your many nice comments and the overwhelmingly positive response!

Now, one tipp that was consistent, was that you guys told me to start looking into patterns first. So I did just that. Here are my 4 favourite patterns (in no paticular order). Finding a pattern in a chart gives me a sentiment of accomplishment. Big shout out to Mustermanns84 for his great article!

Something else that was mentioned was combining multiple strategies and not focusing on a single one strategy. For that I was looking at patterns in combination with the RSI and sometimes found a Divergence.

1. Head and Shoulders Pattern

2. Double Top/ Double Bottom

Some guys seemed to use multiple boxes to project a target, but I don't know how many is ideal. Can you help me out?

3. ABCD- Pattern

Does this count as an ABCD pattern? How do I use it to find my entry?

4. Adam and Eve Pattern

Even though I found an Adam & Eve pattern, it didn't work, did I do something wrong or is it a false example?

Looking forward to any helpful comments.

Have a nice day :))

to activate earnings with sharing

Comments

mustermann84

That doesn't look too bad at first. You have to try to develop money and position management. I don't always trade to the end, but look for relevant zones for partial sales. That way I have some profit and set the stop at the entry level

25 Jul

victordwagner

I like that you want to use multiple strategies and patterns in combination with each other. That's pretty advanced but key for your progression to a more professional trading style!

26 Jul

morius_cherline

3 Aug