Learn to identify and trade powerful chart patterns that predict future price movements
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Three peaks with middle (head) higher than shoulders. Bearish reversal.
🎯 Target: Distance from head to neckline projected downward
🙃
Three troughs with middle lowest. Bullish reversal pattern.
🎯 Target: Distance from head to neckline projected upward
⛰️
Two peaks at similar level. Bearish reversal after uptrend.
🎯 Target: Height of pattern subtracted from breakdown point
⛰️
Two troughs at similar level. Bullish reversal after downtrend.
🎯 Target: Height of pattern added to breakout point
🗻
Three peaks at resistance. Strong bearish reversal signal.
🎯 Target: Pattern height projected downward from neckline
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Three troughs at support. Strong bullish reversal signal.
🎯 Target: Pattern height projected upward from neckline
🚩
Sharp rise followed by consolidation in downward channel. Bullish continuation.
🎯 Target: Flagpole height added to breakout point
🏴
Sharp decline followed by consolidation in upward channel. Bearish continuation.
🎯 Target: Flagpole height subtracted from breakdown point
📐
Flat resistance, rising support. Usually bullish breakout.
🎯 Target: Base height added to resistance level
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Flat support, declining resistance. Usually bearish breakdown.
🎯 Target: Base height subtracted from support level
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Small symmetrical triangle after strong move. Continuation pattern.
🎯 Target: Pole height projected from breakout
▭
Horizontal support and resistance. Breakout direction continues trend.
🎯 Target: Rectangle height projected from breakout
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Converging trendlines. Can break either direction.
⏰ Breakout usually occurs at 2/3 of pattern width
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Diverging trendlines. High volatility pattern.
⏰ Trade only after clear directional breakout
💎
Expanding then contracting price action. Occurs at tops/bottoms.
⏰ Rare but powerful when confirmed
☕
U-shaped cup followed by slight downward drift (handle). Bullish.
⏰ Breakout above handle resistance
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Learn to recognize patterns early. Practice on historical charts daily.
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Don't trade within pattern. Wait for confirmed breakout with volume.
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Enter on breakout or on pullback to broken level (better risk-reward).
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Stop below pattern low. Target based on pattern measurement rules.
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Breakouts need volume confirmation. Low volume breakouts often fail.
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Use exact measurements for targets. Add/subtract from breakout point.
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Patterns on daily charts more reliable than intraday charts.
⚠️
Wait for close above/below level. Intraday spikes don't count.
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Patterns near key levels have higher success rate.
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Check overall market trend. Patterns work best when aligned with trend.