3 Must-Know Chart Patterns to Spot Winning Trades!Morning Trading Family
Understanding chart patterns is super important for trading success! In this video, I’ll walk you through the top 3 patterns every trader should know: Head and Shoulders, Double Top/Bottom, and Bullish/Bearish Flags. I’ll show you how to spot them, when to jump into a trade, and how to manage your risk. Whether you’re trading stocks, forex, or crypto, these patterns can make a big difference. We’ll even look at live charts together to keep it simple. Let me know in the comments which pattern is your favorite!
Kris/Mindbloome Exchange
Trade What You See
Trader
GBP/JPY Short, NZD/JPY Long, USD/CAD Short and CHF/JPY ShortGBP/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• If tight 15 min continuation forms, 5 min risk entry within it, or reduced risk entry on the break of it.
CHF/JPY Short
Minimum entry requirements:
• Corrective tap into area of value 1.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value 2.
• 1H impulse down below area of value 2.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Start Your Day Like a Pro TraderLet’s be honest: trading isn’t just about strategy—it’s about how you show up every day. If your mornings feel rushed or scattered, it’s going to carry over into your trading. Over time, I’ve realized the way you start your day can make all the difference.
Here’s a simple morning routine that has helped me find clarity, focus, and confidence in the markets:
1. Take Time to Reset
Before diving into charts or the news, take a moment for yourself. It’s easy to carry yesterday’s stress into today, and that’s not the mindset you want when trading.
-Breathe it out: Spend 5-10 minutes just sitting quietly or meditating. Let the noise settle.
-Set the tone for the day: Ask yourself, “How do I want to approach today? Patient? Focused? Disciplined?” Write it down or just say it out loud.
2. Feed Your Brain
Good decisions require energy, and let’s face it, coffee alone won’t cut it.
-Start with water: A simple glass of water can work wonders to wake up your brain.
-Eat something solid: Go for a breakfast that gives steady energy—oatmeal, eggs, or even a smoothie. You’ll thank yourself later when you’re not crashing mid-morning.
3. Make a Game Plan
Flying blind in the markets is a recipe for stress. Before the bell rings, take a few minutes to prepare.
-Review the big picture: Check global news, economic reports, and overnight market trends.
--Map out your trades : Look at key levels, set your entries and exits, and decide how much risk you’re willing to take. This prep is your safety net.
4. Stay Connected
Trading doesn’t have to feel like a solo mission. One of the best things I’ve done is surround myself with people who understand the journey.
If you’re trying to build better habits or find more consistency in your trading, I’ve been there. DM me for more info or check out my profile—I’m happy to share what’s worked for me. No pressure, just here to help.
Kris/Mindbloome Exchange
Trade What You See
EUR/USD Long, GBP/USD Short and NZD/CAD ShortEUR/USD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
GBP/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CAD Short
Minimum entry requirements:
• If 2 touch 1H continuation forms, 15 min risk entry within it.
NZD/CAD Short and NZD/JPY ShortNZD/CAD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:.
• 1H impulse down below area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY (Trade Recap) EUR/USD Long, GBP/AUD Long & USD/CAD ShortEUR/USD Long
Minimum entry requirements:
• Break below area of value.
• 1H impulse up above area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
BITCOIN TRADE PLAN + TECHNICAL ANALYSIS (ASCENDING TRIANGLE)Bitcoin appears to be forming an ascending triangle, a bullish continuation pattern. The horizontal resistance line is at $95,407, while the ascending support line suggests increasing buying pressure.
A breakout above $95,407 could signal a significant upward move.
Resistance Levels:
Immediate resistance at $95,407.
Secondary resistance levels: $108,330 and potentially higher targets as the trend develops.
Support Levels:
Immediate support near $92,000.
Additional support levels: $88,071 and $85,000.
Indicators Analysis:
VMC Cipher B Divergences: Neutral-to-bullish signals with minimal negative momentum.
RSI (14): The current value of around 44.2 indicates a neutral zone, with potential for upward movement if it crosses the 50 level.
Money Flow Index (MFI): Indicates neutral activity, suggesting balanced buying and selling pressure.
Stochastic Oscillator: Near oversold levels (15.3), implying that a reversal to the upside might occur soon.
Trading Plan
Entry Strategy:
Aggressive Entry: Consider entering at current levels ($94,000) with a small position, anticipating a breakout.
Conservative Entry: Wait for a confirmed breakout above $95,407, with strong volume as confirmation.
Stop-Loss Placement:
Place an initial stop-loss below $92,000 to limit downside risk.
For tighter risk management, consider $93,000 as an alternative stop-loss level.
Take-Profit Targets:
First Target: $100,000 (psychological and round number resistance).
Second Target: $108,330 (next major resistance based on historical levels).
Third Target: Trail-stop strategy to capture potential gains beyond $108,330 if Bitcoin rallies further.
Risk Management:
Allocate no more than 2-3% of your trading capital to this position to manage risk effectively.
Monitor trading volume during the breakout; lack of volume confirmation may indicate a false breakout.
Contingency Plan:
If Bitcoin breaks below $92,000, re-evaluate the bullish thesis and consider a short-term bearish outlook toward $88,071 or $85,000 support levels.
Be cautious of false breakouts, particularly around $95,407.
Keep an eye on macroeconomic events or Bitcoin-specific news that could influence price action.
Bitcoin's ascending triangle pattern and current positioning suggest a bullish breakout is possible. Following this trading plan with disciplined risk management can help capture potential upside while limiting downside risks. Monitor the market closely for breakout confirmation or invalidation.
NZD/JPY Short (Trade Recap) and GBP/USD ShortNZD/JPY Short
Minimum entry requirements:
• If 2 touch 1H continuation forms, 15 min risk entry within it.
GBP/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Long and NZD/JPY ShortEUR/USD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If tight 1H continuation follows, 15 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Long and SUGAR/USD ShortUSD/CAD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
SUGAR/USD Short
Minimum entry requirements:
• 1H impulse down.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
+1062% in 24 hours from $0.25 to $2.79 $NXUWhen a stock makes a 10x move in a day you have to take profit. If you want to be greedy and still give it a chance for the moon you must set sell order at the crack of uptrend.
We've made 25 trades over the past 2 weeks, 24 of them have reached planned take profit target ✅
Don't even ask about the total, it's humongous. Imagine with happens with it under January effect 😳
XRP Price Prediction: Breakout Above $2.25 or Further Downside?The XRP/USDT chart is displaying a descending channel following its impressive rally. The price action is consolidating, respecting both the upper and lower boundaries of the channel.
The support zone around $1.89 to $1.98, as previously highlighted, remains intact.
DYOR, NFA
GBP/USD Short, NZD/USD Short and USD/CAD LongGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GOLD SHORTAs i expect, that gold will fall, i have entered at the area at failed eng M5.
Gold is falling since last week, and i have published idea, in which my idea was gold will fall, my entry was at 2637 and my stop loss was at 2651, and target was at 2585.
Entry point : 2605 at the area of failed bearish eng.
Stop loss : 2610 and target is 2596
Stay tune guys.
GBP/USD Short, EUR/GBP Short and NZD/USD ShortGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
MY PEPE USDT BUY SELL ALERTS EXPERIMENTFolks, I have been toying with this idea for the past week. I use it to send alerts to a secondary dedicated GMAIL address, I then use Python to connect to the account using an APP password. It fetches alerts, and then submits buy sell orders using Binance API. Sharing it as keen to hear your feedback and welcome enhancement ideas. I hope you find it useful :)
Configuration Inputs
Entry and Exit Pivot Lengths: Defines the number of bars used to calculate low pivots for buy signals and high pivots for sell signals. The flexibility in defining different lengths for entry and exit allows the strategy to adapt to varying market conditions.
Volatility Factor: Modulates the atr (average true range) to scale the offset for labels, enhancing visual clarity based on market volatility.
RSI Confirmation for Buy: Incorporates an RSI filter to confirm buy signals, aiming to avoid potential false entries during oversold market conditions.
Trend EMA Length: Establishes a long-term exponential moving average (EMA) to identify the overall market trend, filtering trades to occur only in favorable conditions (uptrend).
Logic and Conditions
Pivot Calculation: Uses pivot points to determine potential entry and exit positions. Entry pivots are based on lows (for buying opportunities) and exit pivots on highs (for selling opportunities).
Uptrend Confirmation: Trades are only executed when the price is above the defined EMA, ensuring that trades are aligned with the primary market trend.
Signal Conditions:
Buy Signal: A buy signal is triggered when the price crosses above an identified entry pivot, the market is in an uptrend, and optionally if the RSI is below a defined oversold threshold, ensuring the entry is at a potentially undervalued point.
Sell Signal: A sell signal is triggered either when the price crosses above an exit pivot or falls below the EMA trend line, indicating a potential peak or a weakening trend.
Visualization and Alerts
Plot Lines and Labels: Plots the entry and exit pivot lines and the EMA trend line with distinct colors for clarity. Labels are dynamically placed to indicate buy and sell points with details on entry price and profit percentage.
Alerts: Configured to send notifications for buy and sell triggers, providing timely trade information.
This strategy provides a robust framework for traders looking for systematic entry and exit points based on technical indicators, adjusted for volatility and trend, with additional confirmation from the RSI to enhance trade accuracy and effectiveness.
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.