Trade Chart Patterns Like the Pros027

www.patreon.
com/tradechartpatternslikethepros 13 nov 23'

A Weekly Publication, Issue 027
The Secrets Of Trading Chart

Patterns Like The Pros
• Daily/Weekly Analysis
• Trading Ideas & Updates
This issue includes coverage of:

DAX, DXY, S&P, NAS100, Dow, cryptocurrencies, gold, crude oil,
and forex.
The Secrets of Trading Chart Patterns Like the Pros 2023 ALL RIGHTS RESERVED
Unauthorized Reproduction Warning:

No part of this document may be reproduced or transmitted without the express written consent of
[www.patreon.com/tradechartpatternslikethepros] or Constantino DeLa.
Accuracy Disclaimer:
This document relies on sources and information reasonably believed to be accurate, but neither the author nor the
publisher guarantees accuracy or completeness.
Hypothetical Trades Disclaimer:

The examples in this document should be considered hypothetical trades.
CFTC Warning:
The Commodity Futures Trading Commission (CFTC) warns that hypothetical performance results have inherent
limitations, some of which are described below:
1. Profit/Loss Representation:
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
2. Discrepancies with Actual Results:

There are frequently sharp differences between hypothetical performance results and the actual results
subsequently achieved by any particular trading program.
3. Hindsight Limitation:
One limitation of hypothetical performance results is that they are generally prepared with the benefit of hindsight.
4. Lack of Financial Risk:

Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for
the impact of financial risk in actual trading.
5. Impact on Trading Behavior:

For example, the ability to withstand losses or adhere to a particular trading program in spite of trading losses are
material points that can also adversely affect actual trading results.
6. Unaccounted Market Factors:

Numerous other factors related to the markets in general or to the implementation of any specific trading program
cannot be fully accounted for in the preparation of hypothetical performance results, all of which can adversely
affect actual trading results.
COPYRIGHT © 2023 - www.patreon.com/tradechartpatternslikethepros

Data & Charts are created by Tradingview.
Published in the United kingdom.
Disclaimer
All the material in this document is provided as Educational Material only. NONE of the chart patterns
or chart setups or all other material in this document are trade recommendations. Trading is risky. You
are 100%responsible for your own trading.
Current Issues
www.patreon.com/tradechartpatternslikethepros
Market Quotes
Market Quotes
"In investing, what is comfortable is rarely profitable."

– Robert Arnott
"The goal of a successful trader is to make the best trades.

Money is secondary."
– Alexander Elder
"Risk comes from not knowing what you're doing."

– Warren Buffett
MAYOR INDICES
S&P 500 THREE DRIVES BULLISH
The S&P 500 appears to have formed a bullish 'three drives' pattern on its daily chart, and the current price is
situated at the long entry level of 4153.01. It's important to note that the validity of the three bullish drives
pattern is contingent upon the price trading above the long entry level, accompanied by a confirmed
uptrend. As a risk management measure, it's suggested to place a stop-loss order below 4105.30.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros

NAS100 THREE DRIVES BULLISH
The Nas100USD has formed a three-drives bullish pattern on its daily chart, and the price is currently
trading above the long entry level at 14,269.9. Three-drives bullish patterns are only valid when the
price trades above the long entry level with a confirmed trend. Stops are placed below 14,046.6.
US30 121 BULLISH PATTERN
The us30 has formed a 121 bullish pattern on its weekly chart, and the price is currently trading above the
long entry level at 33292.42. 121 bullish patterns are valid when the price closes above the long entry level,
confirming an uptrend. Stops should be placed below the entry level at 33292.42."
RUSSEL 2000 RECTANGLE CHANNEL
Russell 2000 (RTY) is currently trading within a rectangle channel, with the Lower Trendline Breakout level set at
1643.8315. Rectangle channels are typically considered valid when the price consistently breaks above or
below the boundary trendlines, confirming a trend.
To manage risk, stops can be placed at the midpoint of the rectangle channel, which is at 1824.4571.

DXY CUP & HANDLE
The US Dollar Index (DXY) has formed a cup and handle pattern on its daily chart, and the price is trading
near the breakout level of 105.488. Cup and handle patterns are only valid when the price breaks above the
breakout level with a confirmed trend. Place a stop at the mid of the handle, which is at 104.734. The target
zones are as follows: Zone 1 (62%): 109.448, Zone 2 (79%): 110.529.

DAX AB=CD BULLISH PATTERN
The DAX GER 30, the German index, has formed an AB=CD pattern on its daily chart, and the price is currently
trading above the long entry level of 14776.8. AB=CD bullish patterns are valid when the price trades above
the long entry level with a confirmed trend. Place a stop below point D at 14578.5.

COMMODITIES
GOLD (W) ABC BULLISH
Gold (XAUUSD) has formed an ABC Bullish Pattern on its daily chart. The price is trading above the long entry-
level 1913.940. ABC Bullish patterns are valid only when the price closes above the entry-level with the
confirmed uptrend. Enter a long trade above the entry-level with a stop below 1801.126.

CRUDE OIL DOUBLE DRIVE
Crude oil has formed a double-drive bullish pattern on its daily chart, and the price is trading above near
the long entry level of 76.989. Double-drive bullish patterns are only valid when the price trades above the
long entry level with a confirmed trend. Place a stop below 74.678.
CRYPTO
BTC RECTANGLE CHANNEL
Bitcoin/US Dollar (BTC/USD) is currently trading within a rectangle channel pattern on its daily chart, and the
price is trading above the Lower Trend Line Breakout at 24778.97. Rectangle channel patterns are typically
considered valid when the price closes above the upper or lower boundary trendlines. For a long trade,
you may consider entering above the Upper Trend Line Breakout 31844.22 level with a stop placed at the
Midpoint of the rectangle channel's height, which is at28389.51. Conversely, for a short trade, you can enter
below the Lower Trend Line Breakout level with a stop also placed at the Midpoint of the channel's height,
28389.51.

ETH DOUBLE DRIVE BULLISH
Ethereum/US Dollar (ETH/USD) is currently trading a 2 Drives Bullish Pattern on its daily chart, and the price is
trading above the near breakout level of 1562.98.Double drives Drives bullish patterns are typically considered
valid when the price closes above the long entry level. For a long trade, you may consider entering above the
long entry level with a stop placed below 1460.46.

FOREX
AUDCAD RECTANGLE CHANNEL
The Australian Dollar/Canadian Dollar (AUD/CAD) has formed a rectangle channel pattern on the weekly
chart. The price is currently trading ABOVE the Lower Trend Line Breakout level at 0.85624. Rectangle channels
are typically considered valid when the price trades below or above the boundary trendlines, confirming a
trend. To manage risk, you can set a stop at the midpoint of the rectangle channel, which is at MID: 0.90564.

AUDJPY DIAMOND PATTERN
The Australian Dollar/Canadian Dollar (AUD/CAD) has formed a rectangle channel pattern on the weekly
chart. The price is currently trading ABOVE the Lower Trend Line Breakout level at 0.85624. Rectangle
channels are typically considered valid when the price trades below or above the boundary trendlines,
confirming a trend. To manage risk, you can set a stop at the midpoint of the rectangle channel, which is at
MID: 0.90564.

AUDUSD RECTANGLE CHANNEL
The Australian Dollar/US Dollar (AUDUSD) has formed a rectangle channel pattern, and the price is currently
trading below the Lower Trend Line Breakout level at 0.64586. Rectangle channels are typically considered
valid when the price closes below or above the boundary lines, confirming a trend. To manage risk, you can
set a stop at the midpoint of the rectangle channel, which is at 0.66774.

CADJPY CUP & HANDLE PATTERN
The Canadian Dollar/Japanese Yen (CAD/JPY) has formed a Cup and Handle pattern on its daily chart. The
price is currently trading below the Breakout level at 110.624. Cup and Handle patterns are typically
considered valid when the price breaks above the breakout with the confirmed uptrend. To manage risk,
you can place a stop below the midpoint of the handle, with a stop at 108.985.
CADCHF RECTANGLE CHANNEL
The Canadian Dollar/Swiss Franc (CAD/CHF) has formed a rectangle channel on its daily chart. The price is
currently trading above, near the Lower Trend Line Breakout at 0.64586. Rectangle channels are typically
considered valid when the price breaks above or below the boundary trendlines with a confirmed trend. To
manage risk, you can place a stop at the midpoint of the rectangle height, at 0.66431.

EURCAD HEAD & SHOULDERS
The Euro/Canadian Dollar (EUR/CAD) has formed a Head and Shoulders pattern on its daily chart, and the
price is currently trading above the Neckline Breakout level at 1.42850. Head and Shoulders patterns are
typically considered valid when the price breaks the Neckline Breakout with a confirmed trend. To manage
risk, you can place a stop at the level of the right shoulder, which is at 1.45791.
EURAUD CUP & HANDLE
The Euro/Australian Dollar (EUR/AUD) has formed a Cup and Handle pattern on its daily chart, and the price is
trading above the breakout level at 1.59641. Cup and Handle patterns are valid when the price trades
above the breakout with a confirmed uptrend. The stop-loss should be placed below the mid-handle at
1.56396. The target zones are 1.70292 for the 62% Fibonacci extension and 1.73094 for the 79% Fibonacci
extension.

EURGBP EXPANDING TRIANGLE
Euro/ British Pound (EUR/GBP) " has formed an expanding triangle on its daily chart and the price is trading
above the long entry level 0.85355. targets upper trendline. expanding triangles are only valid when the price
trading above the long entry level. place stop below support at 0.84812.

EURJPY SYMMETRICAL TRIANGLE
Euro/ Japanese Yen (EUR/JPY) is trading in symmetric triangle Pattern on its daily chart. The price is trading
above the long entry-level 145.568. Symmetrical Triangles patterns are valid only when the price closes above
the entry-level with the confirmed uptrend. Enter a long trade above entry-level with stop below 142.521.
EURJPY ASCENDING TRIANGLE
Euro/Japanese Yen (EUR/JPY) is trading in an ascending triangle above the breakout level of
159.754. Ascending triangles are only considered valid when the price breaks above the breakout
level with a confirmed trend. Place a stop at the middle of the ascending triangle or lower apex.

EURNZD CUP & HANDLE PATTERN
Euro / New Zealand Dollar / (EUR/NZD) is forming a Cup and Handle Pattern on its weekly chart and the price
is trading BELOW NEAR THE Breakout: 1.82238. C&H patterns are valid only when the price closes above the
breakout level. A long trade is entered above the breakout level with stop placed below the lowest low of
the Handle. Targets: 62%: 1.98658, 79%: 2.03019 target zone1.

EURNZD ABC BULLISH PATTERN
The Euro/New Zealand Dollar (EUR/NZD) has formed an ABC Bullish pattern on its daily chart, and the price is
currently trading above the long entry level at 1.76902. ABC Bullish patterns are typically considered valid
when the price closes above the long entry level with a confirmed uptrend. To manage risk, you can place
a stop below, at the level of 1.74903.

EURUSD CYPHER BULLISH
The Euro/US Dollar (EUR/USD) has formed a Cypher Bullish pattern on its daily chart, and the price is trading
above, near the long entry level at 1.05557. Cypher Bullish patterns are typically considered valid when the
price breaks above the long entry level with a confirmed uptrend. To manage risk, you can place a stop
below, at the level of 1.04448.

GBPAUD ABC BULLISH PATTERN
The British Pound/Australian Dollar (GBPAUD) has formed an ABC Bullish pattern on its daily chart. The price is
currently trading above the long entry level at 1.91280. ABC Bullish patterns are typically considered valid
when the price trades above the long entry level with a confirmed uptrend. To manage risk, you can place a
stop below, at the level of 1.88512.

GBPNZD ABC BULLISH
British Pound/ New Zealand Dolar (GBP/NZD) is currently trading in an ABC bullish pattern above the long
entry level (EL) at 2.05377. ABC bullish patterns are only valid when the price trades above the long entry
level with a confirmed trend. Place a stop below 2.02592.

GBPNZD CUP & HANDLE PATTERN
British Pound/ New Zealand Dolar (GBP/NZD) is forming a Cup and Handle Pattern on its daily chart and the
price is trading below the breakout level 2.03180
C&H patterns are valid only when the price closes above the breakout level. A long trade is entered above
the breakout level with stop placed below the lowest low of the Handle. Targets: 62%: 2.12282, 79%: 2.14810.

GBPUSD ABC BULLSIH
British Pound/ US Dollar (GBPUSD) has formed an ABC bullish pattern on its daily chart, and the price is trading
above the long entry level of 1.21636. ABC bullish patterns are only valid when the price trades above the
long entry level with a confirmed trend. Place a stop below the support level at 1.20309.
GBPUSD CROWN BULLISH
The British Pound/US Dollar (GBP/USD) is forming a crown bullish pattern on its daily chart, and the price
is currently trading above the breakout level at 1.23360
GBPJPY CUP & HANDLE PATTERN
British Pound/ Japanese Yen (GBP/JPY) is forming a Cup and Handle Pattern on its daily chart and the price
is trading below the breakout level 172.136.
C&H patterns are valid only when the price closes above the breakout level. A long trade is entered above
the breakout level with stop placed below the lowest low of the Handle Targets: 62%: 182.524, 79%: 185.309.
GBPJPY (W) DIAMOND PATTERN
British Pound/Japanese Yen (GBP/JPY) is trading in a diamond continuation pattern on its weekly chart.
The price is trading above the Long Breakout level of 172.129. Diamond continuous patterns are typically
considered valid when the price breaks above the breakout level with a confirmed trend.

NZDJPY RECTANGLE CHANNEL
The New Zealand Dollar/Japanese Yen (NZD/JPY) is trading within a rectangular channel between
the boundary lines. Rectangular channels are considered valid when the price breaks above or below
the boundary trendlines with a confirmed trend.

NZDUSD RECTANGLE CHANNEL
The New Zealand Dollar/US Dollar (NZDUSD) has formed a rectangle channel on its daily chart, and the price is
currently trading at the LOWER TREND LINE BREAKOUT level, which is 0.59885. Rectangle channels are typically
considered valid when the price closes above or below the boundary lines, confirming a trend. To manage
risk, you can place a stop at the midpoint of the rectangle channel, which is at 0.61975.

USDCAD ABC BULLISH PATTERN
The US Dollar/Canadian Dollar (USD/CAD) is trading in an ABC bullish pattern on its daily chart, positioned
above the long entry level at 1.35236. ABC bullish patterns are typically considered valid when the price
trades above the long entry level with a confirmed upward trend. To manage risk, a stop can be placed
below the 'C' point of the pattern, which is at 1.33734.

USDCAD INV. HEAD & SHOULDERS
The US Dollar/Canadian Dollar (USD/CAD) has formed an Inv. Head and Shoulders pattern on its daily chart.
The price is trading above the Neckline Breakout level at 1.36534. Inv. Head and Shoulders patterns are
typically considered valid when the price breaks above the Neckline Breakout with a confirmed trend. To
manage risk, you can place a stop at a specific price level below the right shoulder, for example, below the
midpoint of the right shoulder, or at a level that aligns with your risk tolerance.

USDCHF INV. HEAD & SHOULDERS
US Dollar / Swiss Franc (USD/CHF) has formed an Inv. Head and Shoulders pattern on its daily chart. The price is
trading below the Neckline Breakout level at 0.91476. Inv Head and Shoulders patterns are typically
considered valid when the price breaks above the Neckline Breakout with a confirmed trend. To manage risk,
you can place a stop at a specific price level below the right shoulder, for example, below the midpoint of
the right shoulder, or at a level that aligns with your risk tolerance.

USDJPY CUP & HANDLE PATTERN
The US Dollar/Japanese Yen (USD/JPY) is forming a Cup and Handle pattern on its daily chart. The price is
trading below the Breakout level at 151.928. Cup and Handle patterns are typically considered valid when
the price closes above the breakout level with a confirmed uptrend. To manage risk, you can place a stop
below the midpoint of the handle, which is at 150.201.
CHFJPY (W) CUP & HANDLE
The Swiss Franc/Japanese Yen (CHF/JPY) has formed a Cup & Handle pattern on its weekly chart, and the
price is currently trading above the breakout level at 149.799. Cup and Handle patterns are typically
considered valid when the price is trading above the breakout level with a confirmed uptrend. To manage
risk, you can set a stop below the breakout level, which is at 143.377. The specified target zones are as follows:
Target Zone1: 62%: 179.736 - 79%: 87.879.

CHFJPY CUP & HANDLE PATTERN
The Swiss Franc/Japanese Yen (CHF/JPY) has formed a Cup & Handle pattern on its daily chart, and the price
is currently trading above the breakout level at 151.466. Cup and Handle patterns are typically considered
valid when the price is trading above the breakout level with a confirmed uptrend. To manage risk, you can
set a stop below the breakout level, which is at 150.238. The specified target zones are as follows: Target
Zone1: 62%: 160.072 - 79%: 162.584. Target Zone2: 127%: 169.204 - 162%: 174.013.

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www.patreon.

com/tradechartpatternslikethepros 13 nov 23'

The Secrets Of Trading Chart

This issue includes coverage of:

Unauthorized Reproduction Warning:

Hypothetical Trades Disclaimer:

2. Discrepancies with Actual Results:

4. Lack of Financial Risk:

5. Impact on Trading Behavior:

6. Unaccounted Market Factors:

COPYRIGHT © 2023 - www.patreon.com/tradechartpatternslikethepros

"In investing, what is comfortable is rarely profitable."

"The goal of a successful trader is to make the best trades.

"Risk comes from not knowing what you're doing."

S&P 500 THREE DRIVES BULLISH

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

NAS100 THREE DRIVES BULLISH

US30 121 BULLISH PATTERN

RUSSEL 2000 RECTANGLE CHANNEL

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

DXY CUP & HANDLE

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

DAX AB=CD BULLISH PATTERN

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

GOLD (W) ABC BULLISH

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

CRUDE OIL DOUBLE DRIVE

BTC RECTANGLE CHANNEL

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

ETH DOUBLE DRIVE BULLISH

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

AUDCAD RECTANGLE CHANNEL

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

AUDJPY DIAMOND PATTERN

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

AUDUSD RECTANGLE CHANNEL

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

CADJPY CUP & HANDLE PATTERN

CADCHF RECTANGLE CHANNEL

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

EURCAD HEAD & SHOULDERS

EURAUD CUP & HANDLE

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

EURGBP EXPANDING TRIANGLE

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

EURJPY SYMMETRICAL TRIANGLE

EURJPY ASCENDING TRIANGLE

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

EURNZD CUP & HANDLE PATTERN

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

EURNZD ABC BULLISH PATTERN

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

EURUSD CYPHER BULLISH

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

GBPAUD ABC BULLISH PATTERN

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

GBPNZD ABC BULLISH

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

GBPNZD CUP & HANDLE PATTERN

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

GBPUSD ABC BULLSIH

GBPUSD CROWN BULLISH

GBPJPY CUP & HANDLE PATTERN

GBPJPY (W) DIAMOND PATTERN