The Secrets of Trading Chart Patterns Like The Pros 4 Mar 24'

TCPLTP 04 MAR 24’
A Weekly Publication 043
The Secrets Of Trading Chart

Patterns Like The Pros
This issue includes coverage of
DAX: German stock market inde
DXY: U.S. Dollar Inde
S&P 500: S&
NASDAQ 100: NAS10
Dow Jones Industrial Averag
Gol
Crude Oi
Fore
Stock
Crypt
Market Calendar
Mastering the Art of Trading
10 Tips for Trading Success
Timeless Insights from a Renowned Market Strategist
• Daily/Weekly Analysis • Trading Ideas & Updates

Partnership with:
The Secrets Of Trading
Chart Patterns Like The Pros
a weekly publication
by Constantino DeLa
Illustrations by trading view trade chart patterns like the pros
Copyright © 2023-2024 by Constantino De La. All rights reserved.
No part of this book may be used or reproduced in any

manner whatsoever without the express written permission of
the publisher, except for brief quotations included in critical
reviews and certain other noncommercial uses allowed by
copyright law. https://www.patreon.com/
tradechartpatternslikethepros
The Secrets of Trading Chart Patterns Like the Pros
2023 ALL RIGHTS RESERVED
Unauthorized Reproduction Warning
This publication is protected under copyright laws. Unauthorized reproduction,

distribution, or transmission of any part of this document, in any form or by any
means, without prior written permission, is strictly prohibited.
Accuracy Disclaimer
The information provided in this document is believed to be accurate and reliable.

However, the author and publisher do not guarantee the completeness or accuracy
of the content and shall not be responsible for any errors, omissions, or
inaccuracies.
Hypothetical Trades Disclaimer
Examples of trades in this document are hypothetical and are for illustrative
purposes only. These examples may not represent actual trading scenarios and
should not be construed as advice or endorsement of any specific trading strategy.
CFTC Warning
In compliance with Commodity Futures Trading Commission (CFTC) regulations,

readers are advised that hypothetical trading results have certain limitations. Unlike
actual performance records, hypothetical trades do not involve financial risk, and
no hypothetical trading record can completely account for the impact of financial
risk in actual trading. Differences in account size, market behavior, the timing of
trades, and other factors can also lead to significantly different trading results.
Copyright Notice
COPYRIGHT © 2023 - www.patreon.com/tradechartpatternslikethepros. All rights

reserved.
Data & Charts Source
Data and charts within this publication are created by

tradechartpatternslikethepros Tradingview.
Publication Information
Published in the United Kingdom.
Disclaimer
The contents of this document are intended solely for educational purposes. It is
important to emphasize that none of the chart patterns, chart setups, or any other
information presented herein should be construed as specific trading
recommendations. Trading in any financial market involves a high level of risk. As
such, you should be aware that you bear full and exclusive responsibility for all
trading decisions you make. This document does not offer financial advice, and its
contents are not tailored to the needs of any individual investor. Before making any
trading decisions, you are strongly advised to consider your personal financial
situation, consult with a financial advisor, and conduct thorough research. The
author or distributor of this document assumes no liability for any potential losses or
damages arising from the use of information contained within.
charts in this issue
Charts in this issue

Market Quotes
"Investing is not about beating others at their

game. It’s about controlling yourself at your
own game." - Benjamin Graham
The best way to predict the future is to create

it." - Peter Drucker
"Markets are a device for transferring wealth

from the impatient to the patient." - Jason
Zweig
Table of Contents
Chart Links
www.patreon.com/tradechartpatternslikethepros
S&P 500 CUP & HANDLE
S&P 500 Technical Analysis Update
The S&P 500 index is exhibiting a 'Cup and Handle' formation on its weekly chart, a pattern often associated with
bullish continuation.
Current Trading Position: The index is trading above the breakout level of 4815.92. For the 'Cup and Handle' pattern to
be deemed valid, the price must consistently trade above this breakout level, supported by a confirmed bullish trend.
Pattern Significance: The 'Cup and Handle' is a bullish continuation pattern, suggesting potential upward momentum
now that the price is above the identified level. This breakout enhances the pattern's validity, and traders may
anticipate a bullish trend.
Risk Management - Stop-Loss Strategy: When considering a trade based on this pattern, it's prudent to set a stop-loss.
Two strategic positions for the stop-loss are
Below the low preceding the breakout level
At the midpoint of the handle, which acts as a secondary support level.
Target Projections
Target Zone 1 (62%): 5634.8
Target Zone 2 (79%): 5857.40
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
VIX DOUBLE BOTTOM
VIX Weekly Chart - Double Bottom Pattern Analysis:
Pattern Identification: Double Bottom Formation.
Recent Price Action

The VIX (Volatility Index) is currently illustrating a compelling Double Bottom pattern on its weekly chart
Current price positions near the long entry level identified at 13.79.
Trading Considerations
Double Bottom patterns are considered noteworthy when the price convincingly surpasses the long entry level,
signifying potential initiation of a bullish trend
On the weekly chart, observing volume trends can be crucial to validate the strength of the potential bullish move.
Technical Indicator
Utilizing weekly intervals provides a broader perspective and aids in identifying sustained trends in volatility.

NAS100 CUP AND HANDLE
Nasdaq 100 (Nas100USD) Technical Analysis Update:
Current Trading Position: The index is currently trading above the crucial breakout level at 16767.80. The pattern's
validation requires the price to maintain this position, accompanied by a confirmed bullish trend.
Pattern Significance: The 'Cup and Handle' is a recognized bullish signal in technical analysis, suggesting possible
upward movement following a successful breakout. The fact that the index is already trading above the breakout
level enhances the pattern's validity.
Observation and Caution: While the pattern suggests a positive trend, traders should integrate this analysis with overall
market conditions and their trading strategies. Technical patterns are one of many tools and should not be the sole
basis for trading decisions.
Target Projections
62%: 20663.1
79%: 21721.65

NAS100 AB=CD BULLISH
PCZ
Nasdaq 100 (NASS100USD) AB=CD Bullish Pattern Analysis:
Pattern Identification:
On the 4-hour chart, the Nasdaq 100 (NASS100USD) is forming an AB=CD Bullish Pattern. This harmonic pattern
suggests a potential bullish reversal.
Current Price Position:
The price is approaching a critical zone between the 127% BC extension levels, marked at 17346.30.
Pattern Significance:
AB=CD patterns are considered significant as they indicate potential reversal points in the market. Traders often look
for confirmation signals at these levels.
Reversal Zone:
The area between the 127% BC extensions serves as a potential reversal zone. This is a zone where traders anticipate a
change in the prevailing trend.

NAS100 GARTLEY BULLISH
Nasdaq 100 (NASS100USD) AB=CD Bullish GARTLEY Pattern Analysis:
Reversal Zone:

NAS100 GARTLEY BULLISH
Nasdaq 100 (NASS100USD) AB=CD Bullish GARTLEY Pattern Analysis:
Reversal Zone:

US30 CUP & HANDLE
Dow Jones Industrial Average (US30) Technical Analysis Update:
Pattern Identification: The Dow Jones Industrial Average (US30) showcases a 'Cup and Handle' pattern on its daily
chart. This pattern is typically seen as a bullish indicator, hinting at a potential upward trend continuation.
Market Position: Currently, the US30 is trading above a crucial breakout level near 36936.36. A sustained breakout
above this point is essential to validate the 'Cup and Handle' pattern.
Key Levels: The breakout level of 36936.36 is the primary focus. Remaining above this level could strengthen the bullish
outlook.
Risk Management Strategy: A stop-loss might be strategically placed either at the handle's midpoint or below the
recent low before the breakout, which is at 35828.35. This is to manage downside risks while allowing the pattern to
materialize.
Target Projections:
Target zones are based on the pattern's dimensions and technical analysis
Zone 1 at 62%: 42104.1
Zone 2 at 79%: 43562.31 These zones are potential areas for taking profits or reassessing the market momentum.
US30 HANDLE STRUCTURE TRAP
US30 (Dow Jones Industrial Average)
Pattern Observed: Cup and Handle pattern.
Handle Structure Breakdown

Recent analysis focused on the handle structure of the Cup and Handle pattern on the US30's weekly chart, dating
back to October 2023
Emphasis was placed on understanding price action reversal patterns, particularly their importance in identifying
potential market reversals
In recent weeks, there has been an in-depth study of how to use the highs of price action reversal patterns for
projecting both targets and potential reversals.
Recent Observations
The US30 exhibits a price action reversal pattern at the handle low
Utilizing Fibonacci projections from its high reveals key levels: 161.8%, 200%, 261.8%, and finally, 423.6%
Notably, the 423.6% extension coincides with the 38% retracement of the Cup depth at 40147.
Analysis
The 40147 level becomes significant, and observing price behavior around this level will be crucial
This level may act as a potential point for a reversal pattern
Traders should monitor how the price behaves at 40147 for potential trading opportunities.

DXY CROWN
US Dollar Index (DXY) Technical Analysis:
The US Dollar Index (DXY) is currently trading above the 102.467 level. With resistances identified at 104.699 and
107.348, the market is exhibiting a pattern reminiscent of a "Crown," a formation similar to the head and shoulders
pattern.
Key Levels
Current Price Position: Above 102.467
Resistance Levels: 104.699 and 107.348.
Pattern Analysis
The reference to a "Crown" pattern suggests a formation akin to the head and shoulders, which often signifies
potential trend reversals
Vigilant monitoring of these resistance levels is essential to assess potential trend shifts or continuation.

DAX CUP & HANDLE
DAX GER 30 Technical Analysis Update
The DAX GER 30, Germany's benchmark stock index, has exhibited a bullish 'Cup and Handle' pattern on its weekly
chart. Notably, the index has surpassed the critical breakout level, reinforcing the pattern's validity.
Breakout Level: The price has successfully breached the breakout point at 16305.21. This breakout is a key indicator of
potential upward momentum, in line with the 'Cup and Handle' formation.
Confirmation of Trend: It's essential to recognize that 'Cup and Handle' patterns are deemed reliable when
accompanied by a confirmed trend post-breakout. Traders should look for additional indicators or market
confirmations to support this trend.
Stop-Loss Strategy: A prudent stop-loss has been placed at the midpoint of the 'handle' portion of the pattern, at
15465.59. This level provides a safety net against potential downward price movements.
Target Zones:
Zone 1: The first target is set at the 62% Fibonacci level of the pattern's range, calculated at 19078.70
Zone 2: The second target aims for the 79% Fibonacci level, marked at 19817.23.

GOLD ABC BULLISH
Gold Chart Analysis - Weekly:
On the weekly chart, Gold has displayed strength by trading above a crucial support level at 38% AB: 1981.932. The
current price action suggests a potential continuation of the bullish momentum.
Target Zones
62% AB: The initial target zone stands at 2094.715
79% AB: A further upside target is identified at 2170.723.
It's worth noting that the swing may potentially find completion at the 100% AB level, marked at 2262.951.

GOLD V-BOTTOM
Gold Chart Analysis - Daily:

GOLD GARTLEY BULLISH
TARGET
RESISTANCE
Gold (XAU/USD) Gartley Bullish Pattern Analysis:
Daily Chart Analysis:
The price has formed a Gartley Bullish Pattern.The price is currently trading above the Long Entry Level (EL) at 1999.31,
with a wall at 2011.30.
Pattern Validation:
Gartley Patterns are considered valid only when the price trades above the Long Entry Level.
Targets:
62% XA: 2055.52.79% XA: 2075.04.
Monitoring Price:
Traders should monitor price action between the 38% XA level at 2028.00 for potential developments.

TARGET
Pattern Validation:
Targets:
62% XA: 2055.52.79% XA: 2075.04.
Monitoring Price:

Pattern Validation:
Targets:
62% XA: 2055.52.79% XA: 2075.04.
Monitoring Price:

CRUDE OIL BUTTERFLY
Target1
Crude Oil Technical Analysis Pattern Identification:
Crude oil has formed a 'Bullish Butterfly' pattern on its daily chart. The Bullish Butterfly is a harmonic pattern, often
indicative of potential bullish reversals at the end of a downtrend.
Current Price: The price is noted at 71.146. The validity of the Bullish Butterfly pattern is contingent upon the price
action trading above a specific long entry level.
Trading Strategy:
Entry Point: Consider entering a long (buy) position when the price shows confirmed trading above the long entry
level.
Trend Confirmation: It's important to seek confirmation of a bullish trend through other technical indicators or
price action. This could include looking for bullish candlestick formations, upward trend signals from moving
averages, or momentum indicators turning positive.

CRUDE OIL 121 PATTERN
US Oil (Daily Chart) - 121 Bullish Pattern Analysis
Pattern Identification: The US Oil daily chart suggests the possibility of a 121 Bullish Pattern
Long Entry Level (EL): 74.152
Price Action Observations
Trap: A potential trapping scenario around 67.694

False Breakout: Indicated at 79.266
Price Action (PA) at 71.775: Noteworthy as it may signal potential reversal patterns.
Traders may consider the Long Entry Level at 74.152 for bullish positions
The observed price action patterns (trap, false breakout, and notable PA at 71.775) provide additional context
for decision-making.

AUDUSD ABC BULLISH
Australian Dollar/US Dollar (AUD/USD) Technical Analysis
Pattern Identification: AUD/USD is currently exhibiting an ABC Bullish Pattern on its daily chart.
Price Position:The price is currently trading at the 2-bar high, indicating a potential bullish momentum.
Possible Target:Consider observing the 23% retracement level of AB, marked at 0.65841, as a possible target.
Analysis
The ABC Bullish Pattern suggests a potential upward movement in the price
The 2-bar high may indicate increased buying interest or positive sentiment.

AUDUSD CROWN

AUDUSD SYMMETRY

EURUSD PRICE ACTION
EUR/USD Price Analysis:
Support Level:EUR/USD has found support at 1.07234.
Potential Price Movement:With the support identified, there's a possibility of the price heading higher in the coming
weeks.
Possible Target:Consider monitoring the 38% retracement level, marked at 1.08638, as a potential target.
Analysis
The support at 1.07234 may act as a key level for a potential bullish move
A move towards the 38% retracement level could indicate a recovery or continuation of an upward trend.

GBPUSD V-BOTTOM
British Pound/US Dollar (GBP/USD) Technical Analysis:
Pattern: The GBP/USD pair is displaying a V Bottom pattern on its weekly chart. This formation is often recognized
as a reversal pattern, suggesting a rapid recovery following a substantial decline.
Current Price Position: Presently, the pair is trading above the critical breakout level, set at 1.24340.
Trading Strategy:
Confirmation: It's important to ensure that the price consistently stays above 1.24340 to confirm the legitimacy of
the V Bottom pattern. Maintaining above this level could indicate the continuation of upward momentum.
Risk Management: Vigilant monitoring of price movements is key. A significant fall below the breakout level could
negate the pattern, calling for a reevaluation of the strategy.
Support and Resistance: Monitoring key support and resistance levels is crucial, as these levels can offer insight
into potential points for adjusting take-profit or stop-loss orders.

GBPUSD ABC BULLISH
British Pound/US Dollar (GBP/USD) Technical Analysis:
Pattern:The GBP/USD pair is displaying an ABC Bullish pattern on its daily chart. T
Current Price Position:The price has found support at the 38% retracement level of AB, marked at 1.25467.
Targets
62% retracement of AB: 1.2868
79% retracement of AB: 1.30976

USDCAD RECTANGLE CHANNEL
USDCAD - RECTANGLE CHANNE
Pattern Identification: The USDCAD is observed to be trading within the boundaries of a rectangle channel
Key Levels
Upper Trend Line Breakout: 1.3977
Lower Trend Line Breakout: 1.33020

USDCAD ABC BULLISH
USD/CAD ABC Bullish Patterns Analysis:
Pattern Identification: USD/CAD is currently trading within an ABC Bullish Pattern.
Long Entry Level (EL): 1.33007.]
Targets:
62% retracement of AB: 1.36760.
79% retracement of AB: 1.38108.
Current Position: USD/CAD is currently trading below, near the resistance at the 38% retracement level of AB, marked
at 1.34875.
Considerations:
The price is encountering resistance near 1.34875, which may impact the bullish scenario.
Traders should monitor price action for potential insights into market dynamics.

USDCAD GARTLEY BULLISH
USD/CAD - Gartley Bullish Pattern Analysis
Pattern Identification: USD/CAD has formed a Gartley Bullish Pattern, signaling a potential long trade
Long Entry Level (EL): 1.33864.
Target Zones: Zone 1

62% retracement of XA: 1.34814
79% retracement of XA: 1.35145.
Zone 2
127% extension of XA: 1.36112
162% extension of XA: 1.36791.

USDCAD 121 BULLISH
USD/CAD 121 Bullish Pattern Analysis:
On the hourly chart, USD/CAD is exhibiting a 121 Bullish Pattern. This harmonic pattern suggests a potential bullish
reversal.
The price is trading above, near the Long Entry Level (EL) at 1.34821.
121 patterns are recognized for indicating potential reversal points in the market. They are often used by traders to
identify areas where a change in trend direction might occur.
Trading Strategy
Targets: Consider targeting potential resistance or reversal points. Common levels include 1.36546
Stop-Loss: Place a stop-loss order below the pattern structure or based on your risk tolerance.

USDJPY CUP & HANDLE
US Dollar/Japanese Yen (USD/JPY) Technical Analysis:
Pattern: On its daily chart, the USD/JPY pair is displaying a Cup and Handle pattern, commonly regarded as a
bullish continuation pattern. This suggests a potential upward movement if the pattern is confirmed.
Current Price Position: Presently, the price is trading below the critical breakout level, identified at 151.928.
Trading Strategy:
Confirmation: For the Cup and Handle pattern to be considered valid, it's essential for the price to close above the
breakout level of 151.928. Along with this, a confirmed uptrend is necessary to establish the pattern's reliability.
Risk Management: Setting a stop-loss is recommended below the midpoint of the handle. This strategic placement
helps in mitigating potential losses while allowing for the pattern to potentially play out.

USDCHF 121 BEARISH

AUDCAD ABC BULLISH
Pattern: ABC Bullish Pattern.
The price has formed an ABC Bullish Pattern.The price is currently trading above the Long Entry Level (EL) at 0.87706.
Pattern Validation:
ABC Bullish Patterns are considered valid only when the price trades above the Long Entry Level with a confirmed
trend.
Stop Placement:
Place a stop-loss below the Support (ST) level at 0.87258 to manage potential losses.
Partial Profit-Taking:
Consider partial profit-taking at the 38% retracement level: 0.89176.
Targets:
62% retracement of AB: 0.90363.79% retracement of AB: 0.91172.

AUDCHF DESCENDING TRIANGLE
Australian Dollar/Swiss Franc (AUD/CHF) Technical Analysis:
Pattern: Descending Triangle.
The price has formed a Descending Triangle pattern. The price is currently trading below the Upper Trendline
Breakout level.
Pattern Characteristics:
Descending triangles are typically considered continuation patterns and can signal a potential bearish
continuation.
Trading Plan:
Monitor the price as it approaches the Upper Trendline Breakout level.If the price breaks above the Upper
Trendline, it may indicate a potential reversal in the pattern. If the price breaks below the Lower Trendline, it could
signal a continuation of the bearish trend.

CADJPY CUP & HANDLE
Canadian Dollar/Japanese Yen (CAD/JPY) Technical Analysis:
Pattern Identification: The CAD/JPY pair is displaying a Cup and Handle pattern on its weekly chart.
Current Price Position:The price is currently trading above the breakout level set at 110.624.
Trading Strategy
Breakout Confirmation: The Cup and Handle pattern is considered valid only when the price trades above the
breakout level, which, in this case, is 110.624. This breakout should be accompanied by a confirmed uptrend
Stop Placement: A stop loss is advised to be placed at the midpoint of the handle, marked at 107.376. This level
acts as a safety net against potential downward movements.
Target Levels
Target 1 (62%): The initial target is set at 120.845, representing a 62% retracement level
Target 2 (79%): The second target is identified at 123.620, corresponding to a 79% retracement.

CHFJPY CUP & HANDLE
CHF/JPY Technical Analysis:
Pattern Identification: CHF/JPY is trading a Cup and Handle pattern on its monthly chart.
Current Price Position: The price is trading above the breakout level identified at 149.799.
Target Zones:
38% Retracement: The price is currently situated at the 38% retracement level of the Cup and Handle pattern,
marked at 168.284.
Target Zone 1 (62%): The initial target is set at 179.736, representing a 62% retracement level.
Target Zone 2 (79%): The second target is identified at 187.879, corresponding to a 79% retracement.
Trading Strategy:
Breakout Confirmation: Confirm the Cup and Handle pattern with the price trading consistently above the
breakout level.
Entry Point: A potential long (buy) entry could be considered with confirmation of the bullish trend.
Stop Placement: Place a stop loss strategically below the breakout level or at a level that aligns with your risk
tolerance.
CHFJPY RECTANGLE CHANNEL
CHF/JPY Rectangle Channel Analysis:
The CHF/JPY continues to trade within a rectangle channel with the following breakout levels
Upper Trendline Breakout: 171.82

Lower Trendline Breakout: 169.24
50% (Midpoint): 170.577
If the price breaks above the upper trendline, the potential target could be the 100% level at 174.382. Traders should
monitor the price action for confirmation of a breakout and consider volume analysis for added validity.

AUDNZD AB=CD
AUDNZD Weekly Chart - AB=CD Bullish Pattern Analysis:
AUDNZD Weekly Chart - AB=CD Bullish Pattern Analysis:
Pattern Identification: AB=CD Bullish Pattern.
Recent Price Action

AUDNZD (Australian Dollar to New Zealand Dollar) has recently completed the formation of an AB=CD Bullish
Pattern on its weekly chart
The current trading position is above, near the long entry level marked at 1.06460.
AB=CD Bullish Patterns are validated when the price consistently trades above the entry level, accompanied by a
confirmed uptrend
Traders are advised to employ additional technical indicators for a more comprehensive analysis and confirmation
of the bullish trend.

AUDJPY CUP & HANDLE
AUD/JPY Weekly Chart - Cup and Handle Pattern Analysis:
Pattern Identification: Cup and Handle Formation.
Recent Market Movements

AUD/JPY on its weekly chart showcases a prominent Cup and Handle pattern
Current price positioning indicates proximity to the breakout level, identified at 98.648.
Trading Strategy
Cup and Handle patterns are deemed valid when the price convincingly trades above the long entry level,
supported by a confirmed trend
Employing a well-placed stop-loss at the handle's midpoint (ST: 96.211) is prudent to manage potential risks.
Target Zones for Consideration
Target Zone 1
Initial target at the 62% retracement level: 106.477
Subsequent target at the 79% retracement level: 108.540.

EURAUD DOUBLE BOTTOM
EUR/AUD Double Bottom Pattern Analysis:
Pattern: Double Bottom.
Weekly Chart Analysis:
The price has formed a Double Bottom pattern.The price is currently trading above the Neckline Breakout level at
1.53990.
Key Levels:
Neckline Breakout: 1.53990.
The price is at 100% of the pattern, marked at 1.65127.

EURAUD 121 BULLISH
EUR/AUD 121 Pattern Analysis:
Pattern: 121 Bullish Pattern.
The price is trading within a 121 Bullish Pattern.
The price is currently above the Long Entry Level (EL) at 1.62651.
Key Levels and Targets:
Resistance: The price is finding resistance at the 23% XC level, marked at 1.65543.Further Resistance: A potential
resistance area above is at the 38% XC level, identified at 1.68299.
Targets:
62% XC: 1.72455.
79% XC: 1.75518.
Considerations:
121 Bullish Patterns are considered valid when the price trades above the Long Entry Level with a confirmed
trend.

EURAUD GARTLEY BULLISH
Euro/Australian Dollar (EUR/AUD) Technical Analysis:
Pattern Identification: The Gartley Bullish pattern, identified on the daily chart of EUR/AUD, is a well-known
harmonic pattern in technical analysis. This pattern is characterized by specific Fibonacci retracement and
extension levels and is often seen as a signal for a potential bullish reversal.
Current Price Position: The price is trading below the long entry level (EL) at 1.62341. The long entry level in a
Gartley Bullish pattern is typically identified at a specific Fibonacci level following the completion of the
pattern.
Pattern Validation:
Breakout Confirmation: For the Gartley Bullish pattern to be considered valid, the price should trade above
the long entry level (1.62341). This breakout should be accompanied by increased trading volume to confirm
the bullish momentum.
Confirmed Trend: The validity of the pattern is further reinforced by a confirmed uptrend post-breakout,
which can be assessed using additional technical indicators or price action analysis.
Stop-Loss Strategy:
Placement: A stop should be placed below the designated stop level (D ST) at 1.61389.

EURAUD CUP & HANDLE
EUR/AUD Cup and Handle Pattern Analysis:
Pattern: Cup and Handle pattern.
The price is forming a Cup and Handle pattern.
The price is currently trading above the breakout level at 1.59641.
Target Levels:
62% retracement level: The price has hit the 62% retracement target at 1.70292.
Current Position:
The price is now trading below, near resistance at the 38% retracement level of 1.66289.
Potential Scenarios:
If the price breaks above the 38% retracement level at 1.66289, it may signal a move back towards the 62%
retracement at 1.70292 and the 79% retracement at 1.73094.
Traders should monitor price action for confirmation of further upward movement or signs of a
reversal.Implementing risk management strategies is crucial, including the use of stop-loss orders and considering
overall market conditions.

EURCAD ABC BULLISH
Euro/Canadian Dollar (EUR/CAD) Technical Analysis:
EURCAD has formed an ABC Bullish pattern on its daily chart, and the price is currently trading above, near the
long entry level with a possible confirmed uptrend:
Targets for this ABC Bullish pattern are

62% Target: 1.5001
79% Target: 1.51488

EURGBP DOUBLE BOTTOM
Euro/British Pound (EUR/GBP) Technical Analysis:

GBPCHF V-BOTTOM
British Pound/Swiss Franc (GBP/CHF) Technical Analysis:
Pattern: V Bottom.
The price has formed a V Bottom pattern.The price is currently trading below, near the breakout level at 1.11574.
Key Levels:
Breakout Level: 1.11574.
Stop-Loss (ST): 1.10510.
Potential Trading Plan:
V Bottom patterns are considered valid when the price breaks and trades above the breakout level with a confirmed
trend.Set a stop-loss order below the V Bottom pattern's low (1.10510) to manage potential risks
Consider partial profits at 1.12989 and 1.13565.
Expect a potential pullback to the breakout level before targeting higher levels.

GBPAUD V-BOTTOM
British Pound/Australian Dollar (GBP/AUD) Technical Analysis:
Pattern Identification: V-BOTTOM

GBPAUD BUTTERFLY BULLISH
Pattern Identification: The GBP/AUD has formed a Butterfly Bullish pattern on its daily chart. The Butterfly Bullish
pattern is a harmonic pattern that suggests a potential reversal of the existing trend.
Current Price Position: The price is trading near the long entry level (EL) at 1.86856. This level is significant as it
represents the potential reversal point in the market where traders might expect a bullish turnaround.

GBPAUD V-BOTTOM
Pattern: V-bottom pattern.
Confirmation: The price is currently trading above the breakout level with a confirmed trend.
Stop-Loss: Place a stop-loss order below the low preceding the breakout, adhering to your established strategy.
Targets:
62% Target: 1.97662.
79% Target: 1.98871.

GBPCAD ABC BULLISH
British Pound/Canadian Dollar (GBP/CAD) Technical Analysis:
GBP/CAD has formed an ABC Bullish pattern on its daily chart.
The price is trading above, near the Long Entry Level (EL) at 1.69232. It's essential to note that ABC Bullish patterns
are considered valid only when the price trades above the Long Entry Level with a confirmed trend.
Entry Signal: Look for confirmation of the bullish nature of the pattern with a move above 1.69232
Validation: For the pattern to be considered valid, the price must sustain trading above the Long Entry Level
with a confirmed uptrend
Risk Management: Place a stop-loss above the designated level (ST) at 1.67594 to manage potential risks. This
location is chosen to minimize losses if the expected bullish move does not materialize.

GBPNZD GARTLEY BULLISH
GBPNZD Technical Analysis
GBPNZD is exhibiting a Gartley bullish pattern on its daily chart, suggesting potential trend reversal or continuation.
The price is currently trading above the long entry level (EL) at 2.02440, a critical point indicating a potential bullish
movement.
Pattern Significance
Bullish Signal: Gartley patterns are generally interpreted as bullish signals, signaling the possibility of an upward price
movement after pattern completion
Validation of Pattern: For the pattern to be valid, the price must maintain levels above the long entry point at
2.02440, ideally accompanied by a confirmed uptrend.
Entry Point: A sustained move above 2.02440 can be considered an entry signal for a long position, confirming the
bullish nature of the pattern
Volume Analysis: Confirm the breakout with increased volume, indicating stronger market commitment to the new
direction.

GBPNZD ABC BULLISH
GBPNZD Technical Analysis
Pattern Identification: GBPNZD is currently forming an ABC bullish pattern on its daily chart.
Current Price Position: The price is trading near the long entry level at 2.10733, a crucial point indicating a potential
bullish move.
Bullish Signal: ABC bullish patterns are typically interpreted as bullish signals, suggesting a potential upward price
movement
Validation of Pattern: For the pattern to be considered valid, the price should trade above the long entry level at
2.10733 with a confirmed uptrend.
Entry Confirmation: A move above 2.10733 can serve as confirmation for traders to consider a long position,
indicating potential bullish momentum
Volume Analysis: Confirm the breakout with increased volume, strengthening the validity of the move.
Risk Management
Stop-Loss Placement: Consider placing a stop-loss just below the long entry level to manage risks. For example, a
stop-loss near 2.10000 could be considered
Position Sizing: Adjust position sizes based on your risk tolerance and the volatility of GBPNZD.
Target Levels
62% Retracement: The initial target is set at 2.09238, representing a 62% retracement level
79% Retracement: The second target is identified at 2.10733, corresponding to a 79% retracement.
GBPJPY CUP & HANDLE
GBP/JPY Cup and Handle Pattern Analysis: Update
The price is forming a Cup and Handle pattern.
Support is observed at the 38% retracement level, marked at 178.612.
Current Position:
The price is currently trading below, near the 100% level at 188.919.
Target Zones:
127% retracement: 193.560.

GBPJPY DIAMOND CONTINUOU
GBP/JPY Diamond Continuation Pattern Analysis
Pattern: Diamond Continuation pattern
Weekly Chart Analysis

The price is currently trading above, near the 1st set of targets
Target
62% retracement: 186.756

GBPJPY CUP & HANDLE
GBP/JPY Cup and Handle Pattern Analysis:
The price has formed a Cup and Handle pattern.
The price is currently trading below, near the breakout level at 188.661.
Considerations:
Cup and Handle patterns are considered valid when the price breaks out above the long breakout level with a
confirmed trend.
Traders should place a stop-loss below the low preceding the breakout or at the midpoint of the handle to manage
potential risks.
BREAKOUT Update:
Price is trading below near the BREAKOUT: 188.661.

EURJPY SYM. TRIANGLE
EUR/JPY Technical Analysis:
Trading Update : Exciting news on the EUR/JPY front! The pair is making significant moves in line with our
projections within a symmetrical triangle pattern on the weekly chart. Currently hitting the 79% target at 160.172, it's
on track for more potential gains with targets at 127% (167.497) and 162% (172.687). Keep a close watch on price
action for potential trends.

EURJPY CUP & HANDLE
EUR/JPY Technical Analysis:
Pattern Identification: The EUR/JPY pair is in the process of forming a Cup and Handle pattern on its daily
chart.
Current Price Position: The price is currently trading below the breakout level, set at 164.308.
Trading Strategy:
Breakout Confirmation: The Cup and Handle pattern is considered valid when the price trades above the
breakout level. Therefore, traders should await a confirmation of an uptrend with the price moving above
164.308 before considering bullish positions.
Stop Placement: A prudent stop loss strategy involves placing a stop below the breakout level or at the
midpoint of the handle, providing a safety net against potential downward movements.
Target Zones:
Zone 1 (62%): The initial target is set at 171.140, representing a 62% retracement level.
Zone 2 (79%): The second target is identified at 172.867, corresponding to a 79% retracement.

NZDUSD (W) ABC BULLISH
New Zealand Dollar/US Dollar (NZD/USD) Technical Analysis:
Pattern Identification: The NZD/USD has formed an ABC Bullish pattern on its weekly chart. This pattern is
typically a reversal pattern characterized by three waves: A down move, a correction (B), and a continuation
of the uptrend (C).
Current Price Position: The price is trading near the long entry level of 0.60157. For the ABC Bullish pattern to be
validated, the price should trade above this level and maintain a confirmed uptrend.

NZDUSD INV HEAD& SHOULDER
Pattern Identification: INV. HEAD & SHOULDERS

NZDUSD ABC BULLISH
Pattern Identification: INV. HEAD & SHOULDERS

NZDJPY CUP & HANDLE
NZD/JPY Cup and Handle Pattern Analysis:
The price has formed a Cup and Handle pattern.The price is currently trading above the long breakout level at
88.170.
Considerations:
Cup and Handle patterns are considered valid only when the price breaks above the long entry level with a
confirmed trend.Traders should place a stop-loss at the midpoint of the handle to manage potential risks.
Targets:
Zone 1: 62% retracement level at 92.929.Zone 2: 79% retracement level at 94.227.

NZDJPY RECTANGLE CHANNEL
NZD/JPY Cup and Handle Pattern Analysis:
Pattern: RECTANGLE CHANNEL

EURNZD 121 BULLISH
EUR/NZD 121 Pattern Analysis:

NZDCAD INV. HEAD&SHOULDER
NZDCAD Inverted Head and Shoulders Pattern Analysis:
Pattern Identification: NZDCAD has formed an Inverted Head and Shoulders pattern on its daily chart.
Current Price Position: The price is trading below, near the breakout level at 0.84123, a crucial point indicating a
potential bullish reversal.
Bullish Reversal Signal: Inverted Head and Shoulders patterns are generally considered bullish reversal signals,
suggesting a potential upward price reversal
Validation of Pattern: For the pattern to be considered valid, the price should break above the breakout level at
0.84123 with a confirmed uptrend.
Entry Confirmation: A move above 0.84123 can serve as confirmation for traders to consider a long position,
indicating potential bullish momentum
Stop-Loss Placement: Consider placing a stop-loss either at the mid-point from the breakout to the right shoulder or
below the breakout bar. For example, a stop-loss near 0.82500 could be considered
Partial Profit-Taking: Traders may consider taking partial profits at key retracement levels, such as 38% retracement
at 0.85871.
Target Levels
62% Retracement: The initial target is set at 0.86922, representing a 62% retracement level
79% Retracement: The second target is identified at 0.87664, corresponding to a 79% retracement.

ETHUSD DOUBLE DRIVE
ETH/USDT Double Drive Pattern Analysis:
ETH/USDT is currently trading in a Double Drive pattern.
Target Zone 2
127% XA: The price is currently at the 127% extension level of the XA leg, marked at 2834.73
162% XA: The next target in the Target Zone 2 is identified at 3204.67, representing a 162% extension of the XA leg.

BTCUSD BUTTERFLY
BTC/USDT Butterfly Pattern Analysis:
Pattern Identification: BTC/USDT is currently trading in a Butterfly pattern on its weekly chart.
Target Zone
62% AD: The price is at the target zone with a level at 48586.18
79% AD: The next target in the zone is identified at 57570.45.
Significance of Butterfly Pattern

Reversal Pattern: The Butterfly pattern often indicates a potential reversal in the current trend, signaling a
substantial move in the opposite direction.
Confirmation: Traders may consider the current price position as confirmation of the Butterfly pattern, especially if
there are supporting indications of a reversal
Risk Management: Implement sound risk management strategies, including the use of stop-loss orders to mitigate
potential losses
Monitoring: Continue to monitor price action, volume, and other relevant indicators for further insights into the
market's behavior.

ETHUSD CUP & HANDLE
ETHUSD Weekly Chart - Cup and Handle Pattern Analysis:
Recent Price Action

ETHUSD (Ethereum to USD) is currently shaping a notable Cup and Handle pattern on its weekly chart
The price is currently trading below the breakout level marked at 3583.93.
Cup and Handle patterns gain validity when the price convincingly breaches the breakout level, accompanied
by a confirmed uptrend
Traders are advised to place close attention to the confirmation of the breakout with additional technical
indicators for added reliability.

BTCUSD CUP & HANDLE
BTCUSD Weekly Chart - Cup and Handle Pattern Analysis:
Recent Price Action

BTCUSD (Bitcoin to USD) is currently in the process of developing a distinctive Cup and Handle pattern on its weekly
chart
The current trading position is below the breakout level, situated at 42278.29.
Cup and Handle patterns attain validation when the price successfully surpasses the breakout level, substantiated
by a confirmed uptrend
It is advisable for traders to carefully monitor the breakout confirmation and complement it with additional
technical indicators for enhanced reliability.

QQQ CUP & HANDLE
QQQ (Invesco QQQ Trust) Weekly Chart - Cup and Handle Pattern Analysis:
Pattern Observed: Cup and Handle Pattern.
Recent Developments
QQQ's weekly chart exhibits the formation of a Cup and Handle pattern
The price is currently trading above the breakout level at 408.71.
Trading Guidelines
Cup and Handle patterns are considered valid only when the price trades above the breakout level with a
confirmed trend
A stop-loss is recommended to be placed at the mid of the handle, providing a safety net against potential
downward movements.
Target Zones
Target Zone 1
62% retracement level: 503.7
79% retracement level: 529.09

GOOGL CUP & HANDLE
Google (GOOGL) Weekly Chart - Cup and Handle Pattern Analysis:
Current Price Position
Google (GOOGL) is trading above the Breakout level at 123.26
The price has reached the target zone

Target Zone 1
Target Zone 2

GOOGL CUP & HANDLE
Google (GOOGL) Monthly Chart - Cup and Handle Pattern Analysis:
Google (GOOGL) is currently trading below, near the Breakout level at 151.85
The Cup and Handle pattern is considered valid only when the price trades above the Breakout level with a
confirmed trend
Stop-loss placement is recommended at the mid of the handle, marked at 144.53.
Targets
Target Zone 1

TSLA THREE DRIVES
Tesla (TSLA) Daily Chart - Three Drives Pattern Analysis:
Pattern Observed: Three Drives pattern.
Long Entry Level (EL): 191.80.

Tesla (TSLA) is currently trading near the Long Entry Level at 191.80
For confirmation, the price should trade above the Long Entry Level with a confirmed trend
Stop-loss (ST) is set at 173.52.
Target Zone 1
62% retracement of AD: 239.25
79% retracement of AD: 256.64.
Analysis
The Three Drives pattern suggests a potential reversal or continuation
Confirmation requires the price to trade above 191.80 with a confirmed uptrend
The stop-loss at 173.52 helps manage potential risks
Target zones provide areas for potential profit-taking or adjustments.
Mastering the Art of Trading
Timeless Insights from a Renowned Market

Strategist
A Mindset Guide
Probability and Uncertainty: Emphasize the importance of viewing trading as a

probability game rather than a certainty. Markets are inherently uncertain, and
successful traders learn to manage risks and probabilities effectively
Market as a Constant Stream of Opportunities: Encourage the idea that the market is
a continuous stream of opportunities, and each trade is just one instance. Avoid
attaching emotional significance to individual trades and focus on the broader picture
Psychological Discipline: Stress the critical role of psychological discipline in trading.
Successful trading involves mastering one's emotions, maintaining objectivity, and
adhering to a well-defined trading plan
Uncertainty is a Trader's Best Friend: Acknowledge that uncertainty is a constant in
the market, but instead of fearing it, traders should learn to embrace and work with it.
Uncertainty creates opportunities for those who can navigate it effectively
Acceptance of Losses: Advocate the importance of accepting losses as a natural part
of trading. Traders should not be discouraged by losses but should instead learn from
them and use them as feedback to improve their strategies
Consistent Methodology: Emphasize the need for a consistent trading methodology.
Having a well-defined and consistently applied strategy helps traders make rational
decisions and avoid impulsive actions driven by emotions
Focus on Process over Outcome: Highlight the significance of focusing on the trading
process rather than obsessing over individual trade outcomes. A robust process will,
over time, lead to favorable results
Market's Perception of Value: Suggest understanding the market's perception of value
and how it influences price movements. This involves analyzing market sentiment and
recognizing shifts in perception that can impact trading decisions.
Deciphering the Markets: Thriving in
Uncertainty through the Lens of Probability
In the realm of trading, where every move is a calculated risk, the astute practitioner
understands the profound impact of embracing probability over certainty. The market, by
its very nature, is a complex and dynamic ecosystem, rife with uncertainty. It is this inherent
unpredictability that separates successful traders from the rest, as they adeptly navigate
the ever-shifting tides.
At its core, trading is a probability game – a nuanced dance where outcomes are never
guaranteed, but the skill lies in tipping the scales in one's favor. Recognizing that certainty is
a rare commodity in the financial markets, savvy traders acknowledge and accept the
inherent unpredictability. They don the mantle of probability analysts, deciphering the
intricate patterns and trends that emerge from the chaos.
Managing risks effectively becomes the cornerstone of this approach. Rather than
attempting to predict every market gyration with absolute certainty, successful traders
focus on understanding and quantifying probabilities. They develop robust risk
management strategies that act as a shield against the inherent uncertainties, allowing
them to weather storms and capitalize on favorable market conditions.
In this intricate game of probabilities, every trade is a calculated venture into the unknown.
It's an acknowledgment that not every decision will yield a positive outcome, but the
collective impact of strategic, probability-based decisions will tip the scales in favor of
long-term success. The journey is not about avoiding losses altogether, but about
managing them intelligently and leveraging wins when the odds align.
As traders traverse the uncertain landscape of financial markets, the mantra becomes
clear – embrace probability, for it is the compass that guides one through the fog of
uncertainty. By acknowledging the limitations of certainty and immersing oneself in the
realm of probabilities, traders unlock the potential for sustained success in the ever-
evolving world of trading.
Unlocking Potential: Embracing the
Continuous Flow of Opportunities in Trading
In the dynamic landscape of financial markets, seasoned traders grasp a fundamental

truth – the market is an ever-flowing stream of opportunities. Each trade, rather than an
isolated event, is but one fleeting moment in this continuous current. The key to success lies
not in fixating on individual trades but in recognizing the expansive panorama of
possibilities that the market presents.
Encouraging traders to adopt this perspective involves a paradigm shift – a departure from
viewing trades in isolation towards understanding them as integral components of a
broader, unfolding narrative. In this narrative, opportunities emerge ceaselessly, providing a
constant rhythm that astute traders learn to dance to.
Crucially, this mindset discourages the attachment of undue emotional significance to

individual trades. Instead of succumbing to the highs of wins or the lows of losses, traders
focus on the overarching journey. By detaching emotions from the microcosm of a single
trade, they gain the clarity needed to make informed decisions based on strategy and
analysis rather than reactive sentiments.
Successful traders refrain from viewing a loss as a personal failure or a win as an affirmation
of their worth. Instead, they see each trade as a data point in a broader statistical analysis.
This approach allows for a more objective evaluation of trading strategies, enabling
continuous refinement and improvement.
By perceiving the market as a constant stream of opportunities, traders position themselves

as nimble navigators rather than passengers on a roller coaster of emotions. This
perspective instills resilience, fostering a mindset that transcends momentary setbacks and
celebrates long-term success. The market, in its perpetual ebb and flow, becomes not just
a challenge but an expansive canvas where each trade contributes to the larger
masterpiece of a trader's journey.
Mind Over Markets: The Crucial Role of
Psychological Discipline in Trading
In the intricate realm of trading, success transcends mere market acumen; it demands a
mastery of the mind. The linchpin that separates the triumphant from the faltering lies in
psychological discipline—a potent force that governs emotions, preserves objectivity, and
upholds the sanctity of a well-crafted trading plan.
Trading is an arena where emotions, if left unchecked, can wreak havoc on rational
decision-making. Successful traders recognize this and embark on a journey to master their
emotional responses. They understand that fear and greed, if given free rein, can distort
judgment and lead to impulsive actions. Thus, psychological discipline becomes a shield
against the emotional tempest, enabling traders to navigate turbulent markets with a calm
and focused demeanor.
Maintaining objectivity amid the chaos of financial markets is an art form. The disciplined
trader remains impervious to the whims of momentary market fluctuations. Rather than
being swayed by the noise, they adhere steadfastly to a rational mindset grounded in
analysis and strategy. This detachment from emotional turbulence allows for clear-headed
decision-making, ensuring that each move is a calculated step rather than a reactive
stumble.
At the core of successful trading is the commitment to a meticulously crafted trading plan.
Psychological discipline manifests in the unwavering adherence to this plan, irrespective of
short-term market gyrations or emotional impulses. A well-defined trading plan serves as a
roadmap, guiding the trader through the labyrinth of possibilities and uncertainties.
Deviations are viewed not as opportunities for spontaneity but as potential pitfalls,
reinforcing the need for steadfast adherence to the established strategy.
In the end, trading becomes a psychological ballet, where discipline takes center stage. It
transforms the unpredictable nature of financial markets from a source of anxiety into a
canvas for strategic expression. Through the lens of psychological discipline, traders find not
just success but a harmonious synergy between mind and market—a dance that
transcends the tumultuous currents and leads to sustained prosperity.
Embracing the Unknown: Uncertainty as the
Ally of Astute Traders
In the dynamic world of trading, uncertainty is not a foe to be feared but a steadfast
companion, offering a myriad of opportunities for those with the wisdom to recognize its
potential. Rather than succumbing to the anxiety that uncertainty can evoke, savvy
traders understand that it is, in fact, their best friend—a force that, when harnessed
correctly, can lead to unparalleled success.
Acknowledging the constant presence of uncertainty in the market is the first step towards
a transformative mindset. Rather than attempting to eliminate the unknown, traders
embrace it as an integral part of the trading landscape. This acceptance fosters resilience,
allowing traders to adapt to the ever-changing conditions of the market with a sense of
purpose and confidence.
Uncertainty is not a barrier; it is a gateway to opportunity. Successful traders view market

fluctuations not as threats but as openings for strategic maneuvers. The very essence of
uncertainty implies the potential for change, and astute traders position themselves to
capitalize on these shifts. They see uncertainty as the fertile ground from which new trends
emerge and novel opportunities unfold.
Navigating uncertainty effectively requires a blend of adaptability and strategic acumen.

Rather than attempting to predict the unpredictable, traders develop the skill of reading
the signs and adjusting their sails accordingly. This proactive approach transforms
uncertainty from a source of trepidation into a canvas upon which traders can craft their
success.
In the hands of a seasoned trader, uncertainty becomes a tool for innovation and
exploration. It is a reminder that, in the midst of ambiguity, lies the potential for growth and
profit. By reframing uncertainty as an ally, traders unlock a mindset that not only thrives in
the face of unpredictability but also revels in the endless possibilities it presents. In this
paradigm, uncertainty ceases to be a hindrance and emerges as the catalyst for a trader's
most lucrative ventures.
Resilience in Trading: Embracing Losses as
Stepping Stones to Success
In the intricate world of trading, losses are not setbacks but rather invaluable signposts on
the path to mastery. Advocating a profound mindset shift, astute traders recognize the
importance of embracing losses as an inherent facet of the trading journey. Rather than
succumbing to discouragement, they leverage losses as potent tools for learning, refining
strategies, and ultimately propelling themselves toward sustained success.
The acceptance of losses begins with understanding that they are not aberrations but
integral components of a trader's portfolio. By acknowledging this fundamental truth,
traders release themselves from the emotional shackles that losses can bring. Each loss
becomes a source of information, a feedback mechanism that, when interpreted
correctly, contributes to the evolution of a trader's skill set.
Traders who thrive in the face of losses view them as a natural ebb and flow of market
dynamics. They recognize that, in the ever-changing financial landscape, not every trade
will yield profits. Instead of dwelling on the negative, they shift their focus to the
constructive—what can be learned from each loss and how it can fortify their approach in
future endeavors.
Losses become not just financial setbacks but valuable data points that shape a trader's
strategy. Rather than evoking a sense of defeat, they instigate a process of introspection.
Successful traders meticulously analyze the circumstances surrounding each loss,
identifying patterns, and extracting lessons that contribute to continuous improvement.
This mindset of accepting losses as part of the journey fosters resilience and a healthy
detachment from individual trade outcomes. Traders understand that the road to success
is paved with setbacks, and it is the ability to rebound from losses that distinguishes the
exceptional from the average.
In the grand tapestry of trading, losses are not red marks on a ledger but rather strokes that
add depth and nuance to a trader's canvas. By reframing losses as stepping stones rather
than stumbling blocks, traders navigate the markets with a sense of purpose and an
unwavering commitment to growth and improvement.
Guiding Lights: The Significance of
Consistency in Trading Methodology
In the unpredictable realm of trading, a beacon of stability emerges in the form of a
consistent trading methodology. Seasoned practitioners understand the pivotal role of a
well-defined and unwavering strategy, recognizing it as the linchpin that fortifies against
emotional turbulence and guides rational decision-making in the face of market
uncertainties.
Consistency in methodology is not merely a preference; it is a strategic imperative. Traders

who navigate the volatile waters of financial markets successfully are those who adhere to
a set of principles, rules, and strategies consistently. This disciplined approach acts as a
bulwark against the whims of emotions, ensuring that decisions are driven by analysis and
strategy rather than impulsive reactions.
A consistent methodology serves as a compass in the labyrinth of market fluctuations. By

establishing clear guidelines for entry and exit points, risk management, and overall
decision-making, traders mitigate the risks associated with arbitrary actions driven by fear
or greed. This steadiness in approach is particularly crucial during times of heightened
market volatility, offering a reliable framework to navigate choppy waters.
Moreover, a well-defined methodology is a shield against the seduction of market noise.

Traders are bombarded with a constant stream of information and stimuli, and without a
consistent strategy, they may succumb to reactionary behaviors. The disciplined
practitioner, however, remains anchored to their methodology, filtering out the noise and
making decisions based on a well-thought-out plan.
Consistency is not synonymous with rigidity; rather, it implies adaptability within a structured
framework. Successful traders recognize that the market evolves, and the ability to tweak
and refine a consistent methodology based on market conditions is a mark of strategic
acumen.
In the grand tapestry of trading, a consistent methodology becomes more than just a set
of rules—it becomes a guiding force that steers traders through the complexities of the
financial landscape. It is the antidote to impulsive decision-making, fostering a disciplined
mindset that transcends the emotional ebbs and flows of the market. In this disciplined
approach lies the key to not just surviving but thriving in the ever-changing world of
trading.
Mastering the Art: Prioritizing Process for
Sustainable Trading Success
In the dynamic arena of trading, the sage wisdom of prioritizing process over outcome
emerges as a guiding principle for those seeking lasting success. Rather than fixating on
the unpredictable highs and lows of individual trade outcomes, astute traders understand
the profound significance of cultivating a robust and disciplined process that, over time,
becomes the lodestar leading to favorable results.
The emphasis on process embodies a strategic shift in mindset, steering traders away from
the capricious allure of short-term gains or losses. Instead, it encourages them to focus on
the systematic steps, methodologies, and routines that shape their trading approach. A
well-honed process acts as a stabilizing force, offering a framework for decision-making
that transcends the volatility of market fluctuations.
By immersing themselves in the intricacies of a defined process, traders inherently reduce

the influence of emotional highs and lows tied to individual trades. The process becomes a
constant, providing a sense of continuity and rationality even in the face of uncertainty.
This detachment from immediate outcomes fosters a more objective and composed
trading mindset.
A robust process is akin to a well-crafted strategy, aligning a trader's actions with a set of
predefined rules. It involves meticulous analysis, risk management, and adherence to a
trading plan. Through consistent application, the process becomes a reliable companion,
guiding traders through the diverse challenges of the market landscape.
In the grand tapestry of trading, success is not determined solely by the outcome of a
single trade but by the cumulative impact of a disciplined and refined process over time.
This approach invites traders to view each trade as a learning experience, an opportunity
to refine and improve the process rather than a make-or-break moment.
As traders commit to the mastery of their process, the journey becomes a continuum of
growth and refinement. The focus on process becomes a self-reinforcing cycle, where
continuous improvement leads to favorable outcomes. In this transformative approach,
the significance of individual trade results pales in comparison to the enduring success
cultivated through a steadfast dedication to a well-crafted and consistently applied
trading process.
Decoding Value Dynamics: Navigating
Market Sentiment for Informed Trading
Decisions
In the intricate tapestry of trading, a nuanced understanding of the market's perception of

value emerges as a potent tool wielded by savvy traders. Beyond the numbers and charts,
success hinges on the ability to delve into the collective psyche of the market, deciphering
sentiment, and recognizing shifts in perception that can sway price movements. This
insightful approach goes beyond mere technical analysis, allowing traders to make
informed decisions based on the subtle nuances of market sentiment.
At the heart of this strategy lies the acknowledgment that markets are not just driven by
fundamentals but are profoundly influenced by the perception of value. Successful traders
cultivate a keen awareness of the prevailing sentiment, recognizing it as a dynamic force
that shapes price trajectories. By analyzing the ebb and flow of market sentiment, traders
gain a deeper understanding of the collective mindset that drives buying and selling
decisions.
Market sentiment is a delicate dance, subject to swift and unpredictable changes. Traders
adept in deciphering these shifts position themselves as astute observers of the market's
mood. They utilize tools such as sentiment analysis, news analytics, and social media
monitoring to gauge the prevailing perception of value. In doing so, they uncover
valuable insights that transcend numerical data, providing a more holistic view of market
dynamics.
Recognizing shifts in perception is akin to reading the pulse of the market. It involves
staying attuned to breaking news, global events, and emerging trends that can alter the
collective perception of value. Traders who grasp these shifts in real-time can make timely
and strategic decisions, capitalizing on opportunities or safeguarding against potential
risks.
In essence, understanding the market's perception of value is a skill that transcends

technical analysis. It is about perceiving the market as a living entity with emotions,
opinions, and reactions. By delving into this psychological realm, traders gain a
competitive edge, navigating the markets not just as mathematicians but as insightful
interpreters of the collective consciousness. In this nuanced approach, the mastery of
market sentiment becomes a formidable ally, guiding traders toward decisions that
resonate with the ever-evolving perception of value.
10 tips for
trading success
Welcome to TCPLTP guide on "10 Tips for Trading Success."
Opening an online trading account might seem enticing due to its quick and easy setup,
with the potential to double or even triple your funds in just a few days. However, it's crucial
to emphasize the conditional nature of this possibility - the key word here is "COULD." In
reality, many individuals find themselves unable to achieve such gains and, unfortunately,
end up depleting their entire trading account in their initial trades. This can be attributed to
various factors, including a lack of understanding, emotional control challenges (such as
greed, fear, panic, and revenge – common emotional pitfalls in trading), insufficient
confidence, and the absence of a well-structured trading plan, among others.
While we provide valuable insights on what you should do to enhance your trading skills,
implementing these recommendations requires significant time and effort. Successfully
navigating the complexities of trading demands dedication and commitment. We
encourage you to carefully review our list of tips for trading success and don't hesitate to
reach out if you have any questions. Each year, we guide hundreds of individuals in refining
their trading techniques. Our instruction encompasses fundamental analysis, understanding
the impact of political news and macroeconomic data, chart analysis, technical analysis, as
well as delving into trading psychology and effective risk management.
We view fundamental and technical analyses, psychology, and risk management as the
foundational pillars for constructing a resilient and successful trading strategy. However,
mastering these elements demands determination and unwavering commitment. In the
words of golfer Gary Player, "The harder I practice, the luckier I get." We believe in the
transformative power of consistent practice and a steadfast commitment to honing your
trading skills for long-term success.
10 tips For Trading Success
1. WORK HARD
Success in trading, akin to any meaningful endeavor, necessitates
unwavering diligence and dedication. Advancement is a direct
result of persistent effort and a resolute commitment to mastering
the essential skills
Beware of the allure of shortcuts. Trading is a craft that matures
over time and practice. There exists no substitute for investing the
requisite effort and time. The journey to proficiency demands a
steadfast work ethic and a genuine dedication to the learning
process.
2. HAVE SELF-CONFIDENCE
Confidence stands as a cornerstone of triumphant trading. Foster
belief in your capabilities, particularly when you've dedicated time
to learning about trading intricacies
Integral to your growth is the art of controlled risk-taking and the
exploration of novel approaches. Embrace the potential for
experimentation. Each successful trade acts as a powerful
catalyst, reinforcing and fortifying your self-belief. In the realm of
trading, confidence isn't just a mindset; it's a dynamic force
propelling you toward continuous improvement and success.
3. KEEP EDUCATING YOURSELF

While luck may have its moments, a robust comprehension of
trading principles is the linchpin for enduring success. Guard
against the allure of relying solely on luck—it's a fickle companion
In the face of tempting shortcuts, recognize the irreplaceable
value of a proper education. Dedicate both time and effort to
mastering the essential skills. Acknowledge that doing things right is
not just a preference but a necessity. In the ever-evolving
landscape of trading, continuous learning isn't just an option; it's
the compass guiding you toward informed decisions and
sustainable success.
4.DON'T COPY OTHER TRADERS

Adopting the approach of copying other traders is the path of
least resistance. It relinquishes control over your trading decisions,
undermining your ability to develop as a proficient trader
To truly embody the essence of trading, invest time and effort in
learning the craft from its core. Becoming a trader is not about
mimicking others; it's about acquiring the skills, knowledge, and
intuition needed to navigate the markets independently.
Embrace the challenge of mastering the art of trading, and let
your unique understanding guide your journey in the financial
landscape.
5.GET A MENTOR
As you begin to apply your newfound knowledge and skills,
seeking feedback on your trading becomes paramount. Identify
a role model or mentor whose advice you trust and respect.
Engage in conversations about their own trading journey,
understanding the intricacies of their process and the path that
led them to their current success
Avoid harboring resentment towards those who have achieved
success; instead, view them as valuable sources of insight. Learn
from their experiences, draw inspiration from their achievements,
and leverage their guidance to refine your own approach. A
mentor not only provides valuable feedback but also serves as a
guiding light on your journey towards becoming a seasoned and
successful trader.
6.BE HONEST AND RESPONSIBLE

In the trading realm, honesty and responsibility are non-negotiable
virtues. It's common for traders to boast about successful trades
while attributing losses to external factors like luck or challenging
market conditions, adopting a victim mindset. However, losses are
an inherent part of every trader's journey and don't define your
competence
Recognize that occasional losses don't make you a poor trader;
they're opportunities for growth. Uphold honesty in evaluating your
trading decisions. Take full responsibility for both successes and
mistakes. Refusing to acknowledge and learn from errors only
perpetuates them. Embrace accountability as a catalyst for
continuous improvement, ensuring that each trade contributes to
your evolving expertise.
7. LEARN FROM YOUR MISTAKES

Mistakes are inevitable in trading, but the hallmark of a successful
trader lies in the ability to glean valuable lessons from errors and
avoid their repetition. When a trade results in a loss, it can be
tempting to bury it and move on to avoid the discomfort.
However, this inclination is counterproductive
Embrace the challenge of dissecting each trade, especially the
unsuccessful ones. Consider whether you adhered to your usual
process, explore avenues to potentially avoid or mitigate losses,
and reflect on what you could do differently in the future. Every
loss, while painful, offers a priceless opportunity for learning. By
scrutinizing mistakes, you not only extract value from each
experience but also fortify your strategy for future success.
8. BE ORGANIZED AND DISCIPLINED

Establishing a structured framework for your trading endeavors is
paramount. Craft a set of trading rules that align with your
character, allowing you to seamlessly integrate trading into your
broader life commitments. The key lies in not just creating these
rules but, more importantly, adhering to them with unwavering
discipline
Organization and discipline form the backbone of successful
trading. Ensure that your trading activities are methodically
planned and executed, avoiding impulsive decisions. By
embracing a systematic approach, you not only enhance your
efficiency but also cultivate a foundation for consistency and
reliability in your trading journey. Stick to your established rules, as
they serve as a compass, guiding you through the dynamic
landscape of financial markets.
9. SET 'PROCESS' GOALS, NOT MONETARY GOALS

Establishing goals is crucial in trading, but focusing solely on
monetary targets can lead to undue stress and emotional
decision-making. Instead, consider setting a blend of short,
medium, and long-term goals, while prioritizing "process" goals
over monetary ones
Rather than fixating on a specific monetary outcome,
concentrate on the actions and strategies that contribute to
successful trading. For instance, set goals related to adhering to
your trading plan, disciplined risk management, and continuous
learning. Tracking progress against these process goals not only
fosters a healthier mindset but also allows for adaptability in the
face of market fluctuations. By concentrating on the journey and
the steps taken, you position yourself for more consistent and
sustainable success in the ever-evolving world of trading.
10. LASTLY, HAVE PATIENCE

In the intricate tapestry of trading, every decision holds weight—
even the decision to abstain from a trade is a deliberate choice.
Resist the urge to enter trades simply for the sake of activity.
Exercise patience, and await the opportune moment
True success in trading is a patient pursuit. Successful traders
comprehend that achievements are not instantaneous; they
evolve over time. Embrace the virtue of patience, allowing the
market to unfold at its own pace. By exercising restraint and
waiting for the right opportunities, you not only preserve your
capital but also position yourself to capitalize on moments that
align with your strategic objectives. Patience is not just a virtue; it's
a potent ally in the journey toward sustained trading success.

The Secrets of Trading Chart Patterns Like The Pros 4 Mar 24'

Uploaded by

Copyright:

Available Formats

You might also like

The Secrets of Trading Chart Patterns Like The Pros 4 Mar 24'

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

The Secrets of Trading Chart Patterns Like The Pros 4 Mar 24'

Uploaded by

Copyright:

Available Formats

TCPLTP 04 MAR 24’

A Weekly Publication 043

The Secrets Of Trading Chart

Mastering the Art of Trading

10 Tips for Trading Success

Timeless Insights from a Renowned Market Strategist

• Daily/Weekly Analysis • Trading Ideas & Updates

Chart Patterns Like The Pros

Chart Patterns Like The Pros

Illustrations by trading view trade chart patterns like the pros

Copyright © 2023-2024 by Constantino De La. All rights reserved.

No part of this book may be used or reproduced in any

Unauthorized Reproduction Warning

This publication is protected under copyright laws. Unauthorized reproduction,

The information provided in this document is believed to be accurate and reliable.

Hypothetical Trades Disclaimer

In compliance with Commodity Futures Trading Commission (CFTC) regulations,

COPYRIGHT © 2023 - www.patreon.com/tradechartpatternslikethepros. All rights

Data & Charts Source

Data and charts within this publication are created by

Published in the United Kingdom.

charts in this issue

Charts in this issue

"Investing is not about beating others at their

The best way to predict the future is to create

"Markets are a device for transferring wealth

S&P 500 CUP & HANDLE

S&P 500 Technical Analysis Update

VIX DOUBLE BOTTOM

VIX Weekly Chart - Double Bottom Pattern Analysis:

Pattern Identification: Double Bottom Formation.

Recent Price Action

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

NAS100 CUP AND HANDLE

Nasdaq 100 (Nas100USD) Technical Analysis Update:

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

NAS100 AB=CD BULLISH

Nasdaq 100 (NASS100USD) AB=CD Bullish Pattern Analysis:

Current Price Position:

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

NAS100 GARTLEY BULLISH

Nasdaq 100 (NASS100USD) AB=CD Bullish GARTLEY Pattern Analysis:

Current Price Position:

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

NAS100 GARTLEY BULLISH

Nasdaq 100 (NASS100USD) AB=CD Bullish GARTLEY Pattern Analysis:

Current Price Position:

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

US30 CUP & HANDLE

Dow Jones Industrial Average (US30) Technical Analysis Update:

US30 HANDLE STRUCTURE TRAP

US30 (Dow Jones Industrial Average)

Pattern Observed: Cup and Handle pattern.

Handle Structure Breakdown

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

US Dollar Index (DXY) Technical Analysis:

Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

DAX CUP & HANDLE