Top 7 Price Action Trading Patterns
That works perfectly✅
A Mega Thread 🧵
That works perfectly✅
A Mega Thread 🧵
1. Bullish Pin Bar Reversal:-
Entry Point: Buy after a bullish pin bar forms at a support level
Target: We can target for 1:3 or 1:2 with this setup
Stop Loss: Place stop-loss below the low of the bullish pin bar
Entry Point: Buy after a bullish pin bar forms at a support level
Target: We can target for 1:3 or 1:2 with this setup
Stop Loss: Place stop-loss below the low of the bullish pin bar
2. Bullish Engulfing Pattern:-
Entry Point: Buy after a bullish engulfing pattern forms at a support level
Target: You can trail you profit after 1:2
Stop Loss: Set stop-loss below the low of the bullish engulfing candle.
Entry Point: Buy after a bullish engulfing pattern forms at a support level
Target: You can trail you profit after 1:2
Stop Loss: Set stop-loss below the low of the bullish engulfing candle.
3. Inside Bar Breakout:-
Entry Point: Buy when price breaks above the high of the mother bar (the candle before the inside bar)
Key Features: The inside bar shows a consolidation before a breakout
Stop Loss: Place stop-loss below the low of the inside bar for buys
Entry Point: Buy when price breaks above the high of the mother bar (the candle before the inside bar)
Key Features: The inside bar shows a consolidation before a breakout
Stop Loss: Place stop-loss below the low of the inside bar for buys
4. Double Bottom/Top:-
A classic reversal pattern indicating a change in trend
Entry Point: Buy after the price breaks above the neckline of a double bottom pattern
Target:- Target should be 1:3 or more after the neck line breakout
Stop Loss: Set stop-loss below the second low of the double bottom pattern.
A classic reversal pattern indicating a change in trend
Entry Point: Buy after the price breaks above the neckline of a double bottom pattern
Target:- Target should be 1:3 or more after the neck line breakout
Stop Loss: Set stop-loss below the second low of the double bottom pattern.
5. Head and Shoulders Pattern:-
Entry Point: Sell after the price breaks below the neckline of the head and shoulders pattern
Target: target should be the length of the Head
Stop Loss: Place stop-loss above the right shoulder of the head and shoulders pattern.
Entry Point: Sell after the price breaks below the neckline of the head and shoulders pattern
Target: target should be the length of the Head
Stop Loss: Place stop-loss above the right shoulder of the head and shoulders pattern.
6. Trendline Break:-
Entry Point: Buy when the price breaks above a downtrend line
Target: Target should be the High of the selling point
Stop Loss: Place stop-loss below the last swing low for buys.
Entry Point: Buy when the price breaks above a downtrend line
Target: Target should be the High of the selling point
Stop Loss: Place stop-loss below the last swing low for buys.
7. Support and Resistance Bounce:-
Entry Point: Buy when the price bounces off a support level
Target: Target should be the nearest resistance level
Stop Loss: Set stop-loss below the support level for buys
Entry Point: Buy when the price bounces off a support level
Target: Target should be the nearest resistance level
Stop Loss: Set stop-loss below the support level for buys
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