Pattern Atlas 3.0
Candlestick & chart pattern reference — 0 patterns, with trade-setup notes
Position Size Calculator
Typical Exness contract sizes: forex majors ≈ 100,000 units/lot, Gold (XAUUSD) ≈ 100 oz/lot (so ≈ $1 per $0.01 "pip", ≈ $100 per $1 move, per 1.0 lot), BTCUSD ≈ 1 BTC/lot (≈ $1 per $1 move per 1.0 lot). These are common conventions, not your exact account — always confirm the live contract size, pip/point value, swap, and commission for your specific Exness account type on Exness's own contract specifications page or trading calculator (exness.com/calculator) before sizing a real trade.
Risk : Reward Calculator
Pre-Trade Checklist
Gold & BTC Trading Notes
- Gold (XAUUSD): most active during the London/New York session overlap; tends to spike hard around US CPI, Non-Farm Payrolls, and Fed rate decisions — widen your stop or stand aside around these releases.
- BTCUSD: trades 24/7 with no weekly close, so weekend price action and gaps behave differently than forex; liquidity often thins out on weekends, which can widen spreads and slippage.
- Both instruments respect round numbers (e.g. Gold $2,000 / $2,050, BTC $100,000 / $50,000) as psychological support/resistance — patterns forming right at these levels tend to carry more weight.
- Confirm the exact contract size, pip/point value, swap rates, and commission for your specific Exness account type before sizing any real trade — see Exness's contract specifications or trading calculator.
Timeframe & Confirmation Guide
The same pattern is not equally trustworthy on every timeframe. As a general rule, the higher the timeframe, the fewer but more reliable the signals:
- M1–M5 (1–5 min): Patterns appear constantly but a huge share are noise/spread-driven — treat as scalping-only, use tiny risk, and only in the direction of the higher-timeframe trend.
- M15–M30: More usable for intraday entries, but still confirm against the H1/H4 trend before acting.
- H1–H4: The most common "sweet spot" for retail swing/day trading Gold and BTC on Exness — enough signals to trade, few enough false ones to be tradable.
- Daily and above: The most reliable signals of all (especially for chart patterns like Head & Shoulders or Double Top/Bottom), but they take days or weeks to complete — best for position trading, not quick trades.
How many candles of confirmation? As a floor: never enter on the pattern candle itself — wait for it to fully close. For single-candle patterns (Hammer, Shooting Star, Pin Bar, Doji) the safest approach is to wait one further candle to confirm direction before entering. For multi-candle patterns (Engulfing, Morning/Evening Star, Three Soldiers/Crows), the pattern is only complete once its final candle has closed — then treat the very next candle's close beyond the pattern's high/low as your real trigger. In short: pattern candles + 1 confirming candle is the minimum most traders use; more confirmation reduces false signals but also reduces how early you enter.
If a Trade Goes Wrong
What NOT to do: don't move your stop loss further away hoping price comes back, don't add to a losing position to "average down," and don't try to win it back immediately with a bigger trade. These are the exact habits (revenge trading, martingale/grid recovery) that turn one manageable loss into a blown account.
- Respect the stop you already set. If your analysis was wrong, the small planned loss is the system working correctly, not a failure to fix.
- Know the drawdown math: a 10% loss needs an 11% gain to recover, but a 50% loss needs a 100% gain, and a 90% loss needs a 900% gain. Losses compound against you asymmetrically — the further behind you get, the harder recovery becomes. This is exactly why risking only 1–2% per trade (see the calculator above) matters more than any single pattern.
- Set a daily/weekly loss limit (e.g. stop trading for the day after 2–3% account drawdown) and actually walk away when you hit it, rather than trying to "make it back" the same session.
- Journal the trade — what pattern, what timeframe, what confirmation, what went wrong — instead of immediately re-entering. Most repeated losses come from repeating the same unreviewed mistake.
- A losing streak is a signal to reduce size, not increase it. Trading smaller after losses (not larger) is what professional risk management actually looks like.