Chandelier Exit is a volatility-based indicator for identifying stop loss points. Developed by Chuck Le Beau, introduced by Alexander Elder in 2002. Based on Average True Range (ATR) and trend reversal up to 3x volatility
Trailing stop is a modified stop order placed below current market price for long positions. It protects gains by allowing trades to remain open while price moves in favor. Can be placed simultaneously or after initial trade
Cup and Handle consists of U-shaped cup followed by downward-sloping handle. Pattern appears after steep price decline, indicating potential trend reversal. Bottom of cup shows volatile spikes signaling uptrend or downtrend