Scribd
Upload
85 views2 pages

Complete Trading Chart Patterns Guide

The document provides a comprehensive guide to various trading chart patterns, including reversal and continuation patterns. Key patterns discussed include Head and Shoulders, Double Tops, and Cup and Handle, each indicating potential market movements. The guide categorizes patterns based on their implications for bullish or bearish trends.

Uploaded by

ikrambusinessonly
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
85 views2 pages

Complete Trading Chart Patterns Guide

The document provides a comprehensive guide to various trading chart patterns, including reversal and continuation patterns. Key patterns discussed include Head and Shoulders, Double Tops, and Cup and Handle, each indicating potential market movements. The guide categorizes patterns based on their implications for bullish or bearish trends.

Uploaded by

ikrambusinessonly
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Complete Trading Chart Patterns Guide

1. Head and Shoulders

Reversal pattern. Appears at market tops. Left shoulder, head, right shoulder; signals trend reversal from

bullish to bearish.

2. Inverse Head and Shoulders

Appears at market bottoms. Signals reversal from bearish to bullish.

3. Double Top

Bearish reversal pattern. Price forms two peaks before falling.

4. Double Bottom

Bullish reversal pattern. Price forms two bottoms before rising.

5. Ascending Triangle

Bullish continuation pattern. Horizontal resistance with higher lows.

6. Descending Triangle

Bearish continuation pattern. Horizontal support with lower highs.

7. Symmetrical Triangle

Neutral pattern. Price converges forming triangle. Wait for breakout.

8. Bullish Flag

Bullish continuation. Short-term consolidation after a price rise.


Complete Trading Chart Patterns Guide

9. Bearish Flag

Bearish continuation. Short-term consolidation after a price drop.

10. Pennant

Small symmetrical triangle following a strong price move. Continuation pattern.

11. Wedge Patterns

Rising wedge is bearish, falling wedge is bullish. Show exhaustion before reversal.

12. Cup and Handle

Bullish continuation. Cup-like base followed by small consolidation (handle).

13. Rectangle

Continuation or reversal pattern. Price moves sideways between support and resistance.

14. Triple Top

Bearish reversal. Three equal highs followed by breakdown.

15. Triple Bottom

Bullish reversal. Three equal lows followed by breakout.

You might also like