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Available Pattern

Bullish Wedge​

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A Bullish Wedge is a reversal pattern that occurs during downtrends. It features two converging trendlines where both the highs and lows are declining, but the lows decline at a faster rate. This creates a narrowing price range that resembles a wedge pointing downward. Volume typically decreases as the pattern develops. The pattern completes when price breaks above the upper trendline with increased volume, signaling a potential trend reversal to the upside. Traders often enter long positions on the breakout with targets measured by the pattern's height.

Bearish Wedge​

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A Bearish Wedge forms during uptrends as a reversal pattern. Both the highs and lows trend upward, but the highs rise at a slower pace than the lows, creating converging trendlines that form an upward-pointing wedge. Volume decreases throughout the pattern's formation. The bearish signal occurs when price breaks below the lower trendline with increasing volume, indicating potential trend reversal to the downside. This pattern suggests weakening buying pressure despite higher prices. Traders typically enter short positions on the breakdown with profit targets based on the wedge's height.

Bullish Trendchannel​

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A Bullish Trendchannel consists of two parallel trendlines during an uptrend - a support line connecting the lows and a resistance line connecting the highs. Price oscillates between these boundaries while maintaining the overall upward trajectory. The channel provides clear entry and exit points: buyers enter near the lower trendline support, while sellers take profits near the upper resistance. A break above the upper channel line suggests trend acceleration, while a break below indicates potential trend reversal. Volume should ideally increase on bounces from support and decrease on approaches to resistance.

Bearish Trendchannel​

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A Bearish Trendchannel forms during downtrends with two parallel lines: a resistance line connecting the highs and a support line connecting the lows. Price moves within these boundaries while trending downward. Traders sell near the upper resistance line and cover shorts near the lower support line. The pattern continues until price breaks out of the channel boundaries. A break below the lower support suggests trend acceleration to the downside, while a break above the upper resistance indicates potential trend reversal. Volume typically increases on bounces from the upper resistance line during the downtrend.

Bullish Triangle​

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A Bullish Triangle, also known as an ascending triangle, is a continuation pattern featuring a horizontal resistance line and an upward-sloping support line. The pattern shows higher lows while highs remain relatively constant, indicating accumulation and growing buying pressure. Volume typically decreases during formation but should increase significantly on the breakout above resistance. The measured target equals the triangle's height added to the breakout point. This pattern suggests buyers are becoming more aggressive while sellers remain consistent at the resistance level, eventually leading to an upward breakout.

Bearish Triangle​

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A Bearish Triangle, or descending triangle, displays a horizontal support line with a downward-sloping resistance line. Lower highs combined with consistent lows indicate distribution and increasing selling pressure. The pattern typically resolves with a breakdown below the support level on increased volume. The price target is calculated by subtracting the triangle's height from the breakdown point. This formation suggests sellers are becoming more aggressive while buyers consistently defend the support level, but eventually capitulate, leading to a downward breakout and continuation of the bearish trend.

Shoulder Head Shoulder Top​

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The Shoulders Head Shoulder Top is a classic reversal pattern marking the end of uptrends. It consists of three peaks: the left shoulder (first peak), head (highest peak), and right shoulder (third peak, similar height to left shoulder). A neckline connects the lows between these peaks. The pattern completes when price breaks below the neckline with increased volume, signaling trend reversal. The price target equals the distance from the head to neckline, projected downward from the breakdown point. This pattern represents a shift from bullish to bearish sentiment as buying momentum weakens.

Shoulder Head Shoulder Bottom​

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The Shoulders Head Shoulder Bottom, signals trend reversal from bearish to bullish. It features three troughs: left shoulder (first low), head (deepest low), and right shoulder (third low, similar depth to left shoulder). The neckline connects the highs between these troughs. Completion occurs when price breaks above the neckline with strong volume, confirming the reversal. The upward price target equals the distance from head to neckline. This pattern indicates sellers are losing control as buying interest increases, ultimately leading to a bullish trend change.

Double Top​

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A Double Top is a bearish reversal pattern occurring at the end of uptrends. It consists of two peaks at approximately the same price level separated by a moderate decline to a trough. The pattern completes when price breaks below the trough's low (neckline) with increased volume. The price target is calculated by measuring the distance from the peaks to the neckline and projecting it downward from the breakdown point. This formation indicates that buyers twice failed to push prices higher, suggesting weakening demand and potential trend reversal as selling pressure increases.

Double Bottom​

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A Double Bottom is a bullish reversal pattern that forms at the end of downtrends. It features two troughs at approximately equal lows separated by a peak. The pattern confirms when price breaks above the peak's high (neckline) with strong volume. The upward price target equals the distance from the troughs to the neckline, projected upward from the breakout point. This formation shows sellers twice failed to push prices lower, indicating strong support and potential trend reversal. The pattern represents a shift from bearish to bullish sentiment as buying interest overwhelms selling pressure.

Triple Top​

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A Triple Top is a bearish reversal pattern featuring three peaks at roughly the same price level, each separated by moderate declines. This pattern indicates strong resistance at the peak level where sellers consistently emerge. The formation completes when price breaks below the lowest trough between the peaks with increased volume. The downward price target is measured from the peaks to the support level and projected downward from the breakdown point. Triple tops are less common than double tops but provide stronger reversal signals due to multiple failed attempts to break higher, showing decisive rejection at resistance.

Triple Bottom​

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A Triple Bottom is a bullish reversal pattern consisting of three troughs at approximately equal lows, each separated by moderate rallies. This formation demonstrates strong support where buyers consistently defend the low level. The pattern confirms when price breaks above the highest peak between the troughs with strong volume. The upward price target equals the distance from the troughs to the resistance level, projected upward from the breakout. Triple bottoms are more reliable than double bottoms due to multiple successful tests of support, indicating strong buying interest and high probability of trend reversal to the upside.

Rectangle Top​

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A Rectangle Top is a bearish reversal pattern that forms after an uptrend. It consists of horizontal resistance and support lines where price oscillates between these levels for an extended period, creating a sideways trading range. The pattern shows indecision between buyers and sellers at the current price level. A breakdown below the support line with increased volume confirms the bearish reversal. The downward price target equals the rectangle's height subtracted from the breakdown point. This pattern indicates that buyers have lost momentum and sellers are gaining control, leading to trend reversal.

Rectangle Bottom​

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A Rectangle Bottom is a bullish reversal pattern forming after a downtrend. Price trades sideways between horizontal support and resistance levels, creating a rectangular consolidation zone. This lateral movement represents equilibrium between buying and selling forces. The pattern completes when price breaks above the resistance level with strong volume, confirming the bullish reversal. The upward price target equals the rectangle's height added to the breakout point. This formation suggests sellers have exhausted their momentum while buyers accumulate positions, eventually leading to an upward breakout and trend change.

Bullish Symetric Triangle​

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A Bullish Symetric Triangle is a continuation pattern featuring converging trendlines where highs trend lower and lows trend higher, forming a triangle shape. This pattern typically occurs mid-trend and represents temporary consolidation before trend resumption. Volume decreases during formation and should increase significantly on the upward breakout. The price target equals the triangle's height at its widest point, projected upward from the breakout level. The pattern indicates a balance between buyers and sellers that eventually resolves in favor of the prevailing uptrend, making it a reliable continuation signal.

Bearish Symetric Triangle​

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A Bearish Symetric Triangle forms during downtrends as a continuation pattern with converging trendlines - declining highs and rising lows create the triangular shape. This represents temporary consolidation within the broader downtrend. Volume typically diminishes during the pattern's development and should expand on the downward breakout below the lower trendline. The measured price target equals the triangle's maximum height projected downward from the breakdown point. The pattern shows temporary equilibrium between market forces that ultimately resolves in favor of the existing bearish trend, providing reliable continuation signals for traders.

Bullish Gap​

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The Bullish Gap chart pattern is a technical analysis pattern that signals potential upward price movement. It occurs when the low price of a trading day is higher than the high price of the previous day, creating a gap in the price chart. This gap is typically seen as a result of strong buying interest and positive sentiment among traders, causing the price to jump overnight. The Bullish Gap is often seen in the context of other patterns or trends, and traders usually look for confirmation before making a trade decision.

Bearish Gap​

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The Bearish Gap chart pattern is a technical analysis pattern that signals potential downward price movement. It occurs when the high price of a trading day is lower than the previous day's low price, creating a gap in the price chart. This gap is typically seen as a result of strong selling interest and negative sentiment among traders, causing the price to drop overnight. The Bearish Gap is often seen in the context of other patterns or trends, and traders usually look for confirmation before making a trade decision.