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Different candlestick patterns essentially represent the accumulation and release of energy in the market at different stages.
Bullish flag, triangle flag, ascending triangle, and symmetrical triangle are all trend continuation patterns. The price consolidates within the adjustment range, and the breakout direction is usually in the direction of the original trend. The entry point is typically after a breakout and a stable Candlestick.
Cup and Handle pattern, Double Bottom, Ascending Bottom, are all reversal structures characterized by multiple confirmations at the bottom, and often lead to accelerated upward movement after breaking through the neckline.
The measurement of the increase is a calculation method used after a breakout, estimating the target price based on the increase from the previous period.
The ascending fan shape indicates a gradual acceleration in the trend, but caution should be taken against high-level reversals once acceleration reaches a certain degree.
The key to each pattern is to identify valid breakouts and false breakouts, combined with stop-loss levels to control risk. Patterns are not predictive tools, but rather structural bases for trading decisions. #TOKEN OF LOVE 重磅回归# #比特币市值超越亚马逊# #晒出我的Alpha积分# #BTC# #ETH#