How I Turned $100 into $5,000 in Just 3 Days Using Bullish Indicators
In the trading world, identifying bullish patterns can be a game changer. Here’s how I transformed a $100 investment into $5,000 in just three days by leveraging bullish flag, pennant, and wedge patterns.
Day 1: Identifying Bullish Patterns
The foundation of my success was focusing on bullish continuation patterns that signal potential price movements:
1. Bullish Flag: This pattern forms after an upward trend, followed by a brief consolidation. I entered a buy position as the price broke out of the consolidation phase.
2. Bullish Pennant: Similar to the flag but in a symmetrical triangle, I spotted this pattern in a tech stock. I bought once the price broke above the upper trendline.
3. Bullish Falling Wedge: Occurring in a narrowing channel during a downtrend, I recognized this pattern in a commodities chart and entered a long position at breakout.
