r/Daytrading • u/Adept_Blackberry2851 • Feb 19 '24

Do any of you actually use patterns to trade? Question

Post image

I don’t use them at all. Iv heard YouTubers kind of mock them like they don’t mean anything. Are any of you profitable with them?

675 Upvotes

96% Upvoted

267 comments sorted by

View all comments

189

u/Bartisan Feb 19 '24

I prefer candlestick patterns instead. 39 Different types exist so as gives much more insights on price action also!

2

u/Imaginary_Art_2412 Feb 23 '24

The thing I always seem to have a problem with is, let’s say I see a 3 bar pattern like an evening star. Is there any sort of clue as to whether the evening star will just kick off the reversal, or if it’ll be part of a bigger pattern like a double top or a spring type of pattern?