INVITE-ONLY SCRIPT
BASIC
You want a clear explanation of chart patterns (the shapes/structures price makes on charts) that traders use to identify possible future price movements. Let me break them down into two big groups:
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📊 1. Continuation Patterns
👉 These suggest that the current trend (uptrend or downtrend) will likely continue.
🔹 Flag
Bull Flag → Appears in an uptrend. Sharp upward move (flagpole) followed by a small downward/sideways channel (the flag).
Bear Flag → Opposite, in a downtrend.
📌 Meaning: After the flag consolidation, price usually continues in the original direction.
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🔹 Pennant
Small symmetrical triangle after a strong move.
Shows temporary pause before trend continuation.
📌 Meaning: Breakout usually follows in the direction of the main trend.
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🔹 Rectangle
Price moves between parallel support & resistance levels.
Breakout usually happens in the direction of the prevailing trend.
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📊 2. Reversal Patterns
👉 These suggest that the current trend may reverse direction.
🔹 Head & Shoulders
Looks like a head with two shoulders.
Head & Shoulders Top → Reversal from uptrend to downtrend.
Inverse Head & Shoulders → Reversal from downtrend to uptrend.
📌 Key Level: The “neckline” → breakout confirms reversal.
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🔹 Double Top & Double Bottom
Double Top → Price tests resistance twice but fails, bearish reversal.
Double Bottom → Price tests support twice but fails, bullish reversal.
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🔹 Triple Top & Triple Bottom
Same as double but with three tests. Stronger reversal signal.
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🔹 Rounding Bottom (Saucer)
Price gradually shifts from downtrend to uptrend, looks like a "U" shape.
Very reliable for long-term reversals.
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📊 3. Neutral / Indecision Patterns
👉 These show uncertainty – direction is confirmed only after breakout.
🔹 Symmetrical Triangle
Price makes lower highs & higher lows (converging).
Breakout can happen either side.
🔹 Ascending Triangle
Flat resistance at top, higher lows forming.
Usually bullish breakout.
🔹 Descending Triangle
Flat support at bottom, lower highs forming.
Usually bearish breakout.
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✅ Summary for traders:
Continuation = Flag, Pennant, Rectangle.
Reversal = Head & Shoulders, Double/Triple Tops & Bottoms, Rounding Bottom.
Neutral/Indecision = Triangles.
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Would you like me to make a visual chart image with all these patterns drawn, so you can see how they look on real candlesticks?
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📊 1. Continuation Patterns
👉 These suggest that the current trend (uptrend or downtrend) will likely continue.
🔹 Flag
Bull Flag → Appears in an uptrend. Sharp upward move (flagpole) followed by a small downward/sideways channel (the flag).
Bear Flag → Opposite, in a downtrend.
📌 Meaning: After the flag consolidation, price usually continues in the original direction.
---
🔹 Pennant
Small symmetrical triangle after a strong move.
Shows temporary pause before trend continuation.
📌 Meaning: Breakout usually follows in the direction of the main trend.
---
🔹 Rectangle
Price moves between parallel support & resistance levels.
Breakout usually happens in the direction of the prevailing trend.
---
📊 2. Reversal Patterns
👉 These suggest that the current trend may reverse direction.
🔹 Head & Shoulders
Looks like a head with two shoulders.
Head & Shoulders Top → Reversal from uptrend to downtrend.
Inverse Head & Shoulders → Reversal from downtrend to uptrend.
📌 Key Level: The “neckline” → breakout confirms reversal.
---
🔹 Double Top & Double Bottom
Double Top → Price tests resistance twice but fails, bearish reversal.
Double Bottom → Price tests support twice but fails, bullish reversal.
---
🔹 Triple Top & Triple Bottom
Same as double but with three tests. Stronger reversal signal.
---
🔹 Rounding Bottom (Saucer)
Price gradually shifts from downtrend to uptrend, looks like a "U" shape.
Very reliable for long-term reversals.
---
📊 3. Neutral / Indecision Patterns
👉 These show uncertainty – direction is confirmed only after breakout.
🔹 Symmetrical Triangle
Price makes lower highs & higher lows (converging).
Breakout can happen either side.
🔹 Ascending Triangle
Flat resistance at top, higher lows forming.
Usually bullish breakout.
🔹 Descending Triangle
Flat support at bottom, lower highs forming.
Usually bearish breakout.
---
✅ Summary for traders:
Continuation = Flag, Pennant, Rectangle.
Reversal = Head & Shoulders, Double/Triple Tops & Bottoms, Rounding Bottom.
Neutral/Indecision = Triangles.
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Would you like me to make a visual chart image with all these patterns drawn, so you can see how they look on real candlesticks?
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作者的說明
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僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡jatingajjar75。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
The provided text indicates that the script in question is an "invite-only" script, likely on a platform like TradingView, and access is restricted to users authorized by the author, john joshi@gmail.com, This typically involves a payment and requires dir
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。