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www.patreon.

com/tradechartpatternslikethepros 25 Dec 23'

A Weekly Publication, Issue 033

The Secrets Of Trading Chart


Patterns Like The Pros

This issue includes coverage of:


DAX (German stock market index)
DXY (U.S. Dollar Index)
S&P 500 (S&P)
NASDAQ 100 (NAS100)
Dow Jones Industrial Average (Dow)
Gold
Crude Oil
Forex

• Daily/Weekly Analysis
• Trading Ideas & Updates
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.
The Secrets Of Trading Chart
Patterns Like The Pros

Merry Christmas
&
Happy Holidays
Disclaimer

"All the material in this document is provided as educational material only.


NONE of the chart patterns, chart setups, or any other material in this
document are trade recommendations. Trading is inherently risky, and
you are 100% responsible for your own trading decisions."
Current Issues
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Market Quotes
Market Quotes

''The four most dangerous words in investing are: 'This time


it's different.'" - Sir John Templeton

''Opportunities come infrequently. When it rains gold, put out


the bucket, not the thimble." - Warren Buffett

"It's not whether you're right or wrong that's important, but


how much money you make when you're right and how much
you lose when you're wrong." - George Soros
MAYOR INDICES
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S&P 500 CUP & HANDLE

The S&P 500 is forming a cup and handle pattern on its daily chart. The price is trading below the
breakout level of 4815.92. Cup and handle patterns are only valid when the price trades above
the breakout level with a confirmed trend.

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


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NAS100 CUP AND HANDLE

The Nas100USD is forming a cup and handle pattern on its weekly chart, and the price is trading
below near the breakout level of 16767.80. Cup and handle patterns are only valid when the
price breaks above the breakout with a confirmed trend. Place a stop at the midpoint of the
handle.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
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US30 CUP & HANDLE

The US30 has formed a cup and handle pattern on its daily chart, and the price is currently
trading above the breakout level near 36936.36. Cup and handle patterns are only valid when
the price trades above the breakout level with a confirmed trend. Place a stop at the mid of the
handle or below the low previous to the breakout at 35828.35. Target zones are Zone 1 at 62%:
42104.15 and Zone 2 at 79%: 43562.31.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
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DXY PARABOLIC ARC

The US Dollar Index (DXY) has formed a parabolic arc on its weekly chart, and the price is
currently trading below the short entry level at 112.173. Parabolic arcs are only valid when the
price trades below the short entry level with a confirmed trend. Place a stop above at ST:
114.928. Targets are 62%: 98.980.

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


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DAX CUP & HANDLE

The DAX GER 30, the German index, has formed a cup and handle pattern on its weekly chart,
and the price is trading above the breakout at 16305.21. Cup and handle patterns are only valid
when the price breaks above the breakout level with a confirmed trend. Place a stop at the
midpoint of the handle (ST: 15465.59) and set target zones:

Zone 1 at 62%: 19078.70


Zone 2 at 79%: 19817.23

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


METALS
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GOLD ABC BULLISH

Gold (XAUUSD) has formed an ABC Bullish Pattern on its daily chart. The price is trading above
near the long entry-level 1980.35. 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 1970.16.

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


ENERGIES
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CRUDE OIL BUTTERFLY

Crude oil has formed a bullish butterfly pattern on its daily chart, and the price is currently
trading at 71.146. Butterfly bullish patterns are only valid when the price trades above the long
entry level with a confirmed trend. Place a stop below ST: 67.891.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
FOREX
MAJORS
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AUDUSD INV. HEAD & SHOULDERS

The Australian Dollar/US Dollar (AUD/USD) has formed an Inverse Head and Shoulders pattern on
its daily chart, and the price is currently trading above the neckline breakout at 0.65065. Inverse
Head and Shoulders patterns are considered valid when the price breaks above the neckline
with a confirmed uptrend. For a conservative entry, a stop can be placed at the midpoint of the
right shoulder, which is at 0.63942.

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


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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.

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


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GBPUSD ABC BEARISH

The British Pound/US Dollar (GBPUSD) has formed an ABC bearish pattern on its daily chart, and
the price is trading below the short entry level at 1.2731. ABC bearish patterns are only valid
when the price trades below the entry level with a confirmed trend.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
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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.

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


FOREX
MINORS
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AUDCAD CUP & HANDLE

The Australian Dollar/Canadian Dollar (AUD/CAD) has formed a cup and handle pattern on its
daily chart, and the price is trading below near the breakout level of 0.90567. Cup and handle
patterns are only valid when the price breaks above the breakout with a confirmed trend. Place
a stop at the midpoint of the handle.

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


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AUDCHF BAT BULLSIH

The Australian Dollar/Swiss Franc (AUD/CHF) has formed an advanced harmonic pattern, BAT
BULLISH, on its weekly chart. The price is trading above the long entry level EL: 0.57694. BAT BULLISH
patterns are only valid when the price trades above the long entry level with a confirmed trend.
Place a stop below.

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


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AUDJPY 121 BULLISH

The Australian Dollar/Japanese Yen (AUD/JPY) has formed a 121 bullish pattern on its daily chart,
and the price is trading above near the long entry level EL: 95.033. 121 bullish patterns are only
valid when the price trades above the long entry level with a confirmed trend.

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


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AUDNZD SYMMETRIC TRIANGLE

The Australian Dollar/New Zealand Dollar (AUD/NZD) has formed a symmetric triangle on its weekly
chart, and the price is trading above near the floor of the symmetrical triangle. Symmetric triangle
patterns are only valid when the price breaks above or below the trendlines with a confirmed
trend. Consider placing a stop at the mid of the symmetric triangle to manage risk.

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


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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.

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


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CADJPY CUP & HANDLE PATTERN

The Canadian Dollar/Japanese Yen (CAD/JPY) has formed a Cup and Handle pattern on its
weekly 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 107.376.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
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EURAUD DOUBLE DRIVE

The Euro/Australian Dollar (EUR/AUD) has formed a Double Drive Bearish pattern on its daily chart,
and the price is trading below the short entry level of 1.67522. Bearish Double Drive patterns are
only valid when the price trades below the short entry level with a confirmed downtrend. Place a
stop above 1.68448.

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


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EURCAD ABC BULLISH

The Euro/Canadian Dollar (EUR/CAD) has formed an ABC bullish pattern, but the price is
currently trading below the long entry level (EL) at 1.46746. ABC bullish patterns are only
considered valid when the price trades above the long entry level with a confirmed trend.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
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EURCHF PRICE & TIME SYMMETRY

The Euro/Swiss Franc (EUR/CHF) has formed two symmetric swings on its daily chart, both in price
and time. The price is trading above the long entry level at 0.94676. Stops are set below at ST:
0.94049.

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


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EURGBP ABC BULLISH

The Euro/British Pound (EUR/GBP) has formed an ABC Bullish Pattern on its daily chart. Currently, the
price is trading below the long entry level of 0.85786. ABC Bullish Patterns are considered valid
when the price trades above the long entry level with a confirmed trend. To manage risk, it is
recommended to place a stop below 0.85480.

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


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EURJPY PRICE AND TIME

The Euro/Japanese Yen (EUR/JPY) is forming a 1-2-1 bullish pattern on its hourly chart, and the
price is trading above the price completion zone.
Disclaimer: Education purposes only. not advise. Charts: Tradingview @tradechartpatternslikethepros
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EURNZD HEAD & SHOULDER

The Euro/New Zealand Dollar (EUR/NZD) has formed a Head and Shoulders pattern on its daily
chart, and the price is trading near the breakout level of 1.75041. Head and Shoulders patterns
are only valid when the price trades below the breakout level with a confirmed trend. Place a
stop at the midpoint of the right shoulder.

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


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GBPAUD RECTANGLE CHANNEL

The British Pound/Australian Dollar (GBP/AUD) has formed a rectangle channel on its weekly chart,
and the price is currently trading above near the lower trendline breakout at 1.88570. Rectangle
channels are only valid when the price breaks above the boundaries lines with a confirmed trend.
Place a stop at the mid at 1.91035.1.91035

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


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GBPCAD ABC BEARISH

The British Pound/Canadian Dollar (GBP/CAD) has formed an ABC bearish pattern on its daily
chart, and the price is currently trading below the short entry level at 1.70450. ABC bearish patterns
are only valid when the price breaks below the short entry level with a confirmed trend. Place a
stop above at ST: 1.71591.

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


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GBPCHF RECTANGLE CHANNEL

The British Pound/Swiss Franc (GBP/CHF) has formed a rectangle channel pattern on its daily chart,
and the price is trading near the mid of the rectangle channel pattern. Rectangle channel
patterns are only valid when the price trades above or below the boundaries line with a confirmed
trend. Consider placing a stop at the mid of the rectangle channel pattern, with the mid set at
1.10569

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


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GBPJPY RECTANGLE CHANNEL

The British Pound/Japanese Yen (GBP/JPY) has formed a Rectangle Channel on its daily chart, with the
price trading within the boundaries of the channel's trendlines. Rectangle Channels are only considered
valid when the price breaks above or below the boundary trendlines with a confirmed trend.

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


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NZDCAD CUP & HANDLE

The New Zealand Dollar/Canadian Dollar (NZD/CAD) has formed a cup and handle pattern on
its daily chart, and the price is currently trading below the breakout level of 0.84281. Cup and
handle patterns are only valid when the price trades above the breakout with a confirmed
trend. Consider placing a stop at the mid of the handle to manage risk.

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


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NZDUSD (W) ABC BULLISH

The New Zealand Dollar/US Dollar (NZD/USD) has formed an ABC Bullish pattern on its weekly
chart, and the price is currently trading above near the long entry level of 0.60157. ABC Bullish
patterns are considered valid when the price trades above the long entry level with a confirmed
uptrend. For risk management, a stop can be placed below 0.57635.

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

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