Chart Patterns

Bearish reversal formed by two peaks at roughly the same price. Buyers failed to break resistance on the second attempt, and sellers regain control.

Bullish reversal formed by two troughs at roughly the same price. Sellers failed to break support on the second attempt, and buyers regain control.

Bearish reversal with three peaks: a higher middle peak (head) flanked by two lower peaks (shoulders). One of the most reliable reversal patterns in technical analysis.

Bullish reversal with three troughs: a deeper middle trough (head) flanked by two higher troughs (shoulders). Marks the end of a downtrend as buyers gain conviction.

Bearish reversal with three peaks at the same resistance level. Stronger than a double top: sellers defended the level three times, signaling sustained selling pressure.

Bullish reversal with three troughs at the same support level. Indicates strong, persistent buying interest at that price zone.

Bullish continuation that resembles a teacup. A large rounded base (cup) is followed by a smaller sideways-to-down consolidation (handle), then a breakout to new highs.

Long-term bullish reversal characterized by a slow, gradual curve from downtrend to uptrend. Also called a saucer. Reflects a gradual shift in sentiment over weeks or months.

Short-term bullish continuation that forms after a sharp price advance. A brief, downward-drifting consolidation (the flag) precedes the resumption of the uptrend.

Short-term bearish continuation that forms after a sharp decline. A brief, upward-drifting consolidation (the flag) precedes the continuation of the downtrend.

Bullish continuation similar to a bull flag, but the consolidation forms a small symmetrical triangle (pennant) instead of a rectangle. Marks a brief pause before the trend resumes.

Bearish continuation that forms after a sharp drop. A symmetrical triangle consolidation (pennant) precedes the continuation of the downtrend.

Bullish continuation with a flat resistance line on top and a rising support line below. Price coils toward the resistance, building pressure for an upside breakout.

Bearish continuation with a flat support line and a declining resistance line. Sellers cap each rally at lower highs while buyers defend a fixed level, until support breaks.

Neutral continuation with lower highs and higher lows converging toward an apex. The breakout direction usually follows the prior trend, but can reverse it.

Bearish pattern where both trendlines slope upward but converge. Price makes higher highs and higher lows, but the narrowing range signals fading momentum, often preceding a reversal.

Bullish pattern where both trendlines slope downward but converge. Price makes lower lows and lower highs, but the compressing range signals declining selling pressure, often preceding a reversal or trend acceleration.

Bullish continuation formed by two parallel upward-sloping trendlines: upper resistance and lower support. Price oscillates between them in an orderly, sustained uptrend.

Bearish continuation formed by two parallel downward-sloping trendlines. Price oscillates between them in an orderly downtrend with sellers in control.

Consolidation pattern where price oscillates between two flat horizontal levels: support and resistance. Also called a trading range or rectangle. Price eventually breaks out in one direction.

Gap that occurs frequently within a trading range or consolidation. These gaps carry little predictive value and typically fill within a few sessions. They represent temporary order imbalances.

Powerful gap that occurs when price breaks out of a significant consolidation zone or pattern. Marks the start of a new, strong trend with high conviction from the dominant side.

Gap that occurs in the middle of a strong trend, confirming momentum and often appearing at the halfway point of the overall move. Also called a measuring gap or continuation gap.

Gap that occurs late in a trend as a final surge of buying or selling. Unlike runaway gaps, exhaustion gaps mark the END of a trend and are typically followed by a sharp reversal.