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
▼ BearishTwo 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
▲ BullishTwo 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
▲ BullishA 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
▼ BearishA 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 directionsLower highs and higher lows converging; read in the direction of the move that led into it.
4 forming now
Bull Flag
▲ BullishA 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
▼ BearishA 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
▼ BearishTwo 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
▲ BullishTwo 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
▼ BearishThree 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
▲ BullishThree 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