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ClosedCandle

Chart pattern guide

Five pattern families, each in both directions. Every definition is mechanical: the same candles always give the same patterns, and each one is measured with the same rules after costs.

Educational purposes only. Not financial advice. Past performance does not guarantee future results.

Double Top

▼ Bearish

Two failed pushes to the same high, followed by a close below the swing low between them.

11 forming now · hist. avg -0.14 R over 29,448 setups

Double Bottom

▲ Bullish

Two tests of the same low, followed by a close above the swing high between them.

11 forming now · hist. avg -0.16 R over 28,233 setups

Ascending Triangle

▲ Bullish

A flat ceiling with rising lows, resolved by a close above the ceiling.

4 forming now · hist. avg -0.17 R over 16,131 setups

Descending Triangle

▼ Bearish

A flat floor with falling highs, resolved by a close below the floor.

3 forming now · hist. avg -0.16 R over 16,031 setups

Symmetrical Triangle

Both directions

Lower highs and higher lows converging; read in the direction of the move that led into it.

4 forming now

Bull Flag

▲ Bullish

A sharp rise (the pole) followed by a short, shallow pause, resolved by a close above the pause.

8 forming now · hist. avg -0.33 R over 78,056 setups

Bear Flag

▼ Bearish

A sharp drop (the pole) followed by a short, shallow bounce, resolved by a close below the bounce.

5 forming now · hist. avg -0.27 R over 85,990 setups

Rising Wedge

▼ Bearish

Two rising, converging lines; resolved by a close below the lower line.

8 forming now · hist. avg -0.42 R over 50,969 setups

Falling Wedge

▲ Bullish

Two falling, converging lines; resolved by a close above the upper line.

6 forming now · hist. avg -0.42 R over 52,129 setups

Head and Shoulders

▼ Bearish

Three peaks with the middle one highest, resolved by a close below the neckline.

5 forming now · hist. avg -0.16 R over 8,536 setups

Inverse Head and Shoulders

▲ Bullish

Three troughs with the middle one lowest, resolved by a close above the neckline.

5 forming now · hist. avg -0.18 R over 8,854 setups