PATTERNS - a thread.
what do dairy products, shampoo and the very first couple all have in common?
the answer is lines, shapes...or rather patterns that traders use to predict where price is going in the future.
for years now, i've used these patterns systematically and have no clue how i would navigate my trading without them.
if i'm being honest i mostly learned from studying and trying to replicate charts from legends like @inversebrah, @LSDinmycoffee and @LomahCrypto
now patterns are supposed to make your charts simpler rather than adding unnecessary noise.
i've made TONS of mistakes in terms of bad, low effort and flat-out invalid patterns with my charts.
with analysis its very easy to make your charts look they way you *want* them to.
there have been some very expensive lessons as a result of these mistakes, but if those mistakes lead to knowledge i can apply to the future then it makes it all worth it.
i guess you can have fun staying poor...anyways
what did I learn? a lot.
there are countless patterns, and if i'm being honest you can almost "create your own" to suit your bias.
but for now, lets focus on three: Adam & Eve, Head & Shoulders and Wedges.