Continuation patterns that suggest the trend will resume after a brief pause. 7. Risk Management: The "Secret Sauce"
Aim for at least a 1:2 ratio. This means you only need to be right 34% of the time to remain profitable. trading technical analysis masterclass pdf
Patterns represent the consolidation of energy before a breakout. Classic reversal signs. Continuation patterns that suggest the trend will resume
The Ultimate Trading Technical Analysis Masterclass: A Comprehensive Guide This means you only need to be right
Technical analysis is a skill that requires "screen time." To turn this information into a PDF-style checklist, follow these steps for every trade: Identify the HTF trend. Locate key Support/Resistance zones. Wait for a Candlestick or Chart Pattern at those zones. Confirm with an indicator (like RSI divergence). Calculate your risk before clicking "buy."
Candlesticks tell the story of the battle between "Bulls" and "Bears" within a specific timeframe.
Characterized by Lower Highs (LH) and Lower Lows (LL).