Dominating the Market with Megaphone Chart Pattern Strategies
Most traders have seen countless chart patterns, but few are as tricky—or as deceptive—as the megaphone. In today’s Market Insights, ChartPros founder Tom Winterstein—a 30-year trading veteran, Certified Price Action Trader, and creator of the patent-pending NeuroTrader Method™—breaks down this rare yet powerful structure.
If you’re new to Tom’s work, he’s helped more than 25,000 traders worldwide move beyond theory and into consistent execution by combining precise price action analysis with elite mental performance coaching. His unique perspective comes from decades in the markets and a relentless focus on turning knowledge into repeatable confidence.
5 Minute Breakdown - The Megaphone Pattern on the 4-Hour Chart
In the short video below (just 5 minutes), Tom introduces the megaphone pattern—most visible on a four-hour chart. Unlike more familiar formations, the megaphone often refuses to “play by the rules.” Traditional tools such as Fibonacci retracements and support/resistance levels can lose their edge here, leaving traders scratching their heads.
What Tom emphasizes is the behavior inside the pattern:
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Failed breakdowns and breakouts are common—and incredibly telling.
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The key price zone carries outsized significance.
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Patience is critical—this is not a pattern you can force. It took Tom weeks of careful study to see how the market truly behaves within it.
By recognizing these dynamics, traders can avoid costly traps and instead position themselves for when the real move emerges.
Key Takeaways
The megaphone pattern is a reminder that markets don’t always conform to textbook rules. Success comes from recognizing failed moves, respecting key levels, and waiting with discipline until the trade sets up on your terms.
Want to learn more price action techniques like this—methods you can actually apply in real time?
Join our Free Trading Consistency Workshop, where Tom reveals the patent-pending process that’s helping traders worldwide eliminate hesitation and build confidence.