Chart Patterns Library
Complete encyclopedia of chart patterns for technical analysis.
What Are Chart Patterns?
Chart patterns are specific price formations that appear on stock charts and can help predict future price movements.
Pattern Statistics
Documented Patterns
Pattern Categories
Reversal Patterns
Signal potential trend direction changes
Continuation Patterns
Indicate trend will likely continue
Bilateral Patterns
Can break in either direction
Pattern Encyclopedia
Click on any pattern to learn more
Bull Flag
Structure
Sharp upward move (flag pole), Small consolidation or pullback, Breakout above consolidation high
Market Psychology
Buy when price breaks and closes above flag high
Bear Flag
Structure
Sharp fall, Sideways / upward pullback, Breakdown below consolidation
Market Psychology
Short on breakdown of flag low
Flat Top Breakout
Structure
Same resistance tested multiple times, Buyers absorb sellers, Explosive breakout
Market Psychology
Buy first candle closing above resistance
Flat Bottom Breakdown
Structure
Strong support tested multiple times, Sellers overpower buyers
Market Psychology
Short on breakdown below support
Ascending Triangle
Structure
Higher lows, Flat resistance
Market Psychology
Buy on breakout above flat resistance
Descending Triangle
Structure
Lower highs, Flat support
Market Psychology
Short on breakdown below flat support
Symmetrical Triangle
Structure
Lower highs and higher lows, Trade only on breakout direction
Market Psychology
Enter in the direction of the confirmed breakout
Pennant
Structure
Flagpole, Small symmetrical triangle, Fast breakout
Market Psychology
Buy/Short on breakout of pennant
Cup And Handle
Structure
U-shaped cup, Small downward drifting handle, Breakout above cup lip
Market Psychology
Buy on breakout above handle resistance
Rectangle Continuation
Structure
Parallel support and resistance levels, Price bounces multiple times between boundaries
Market Psychology
Enter on breakout in direction of prior trend
Double Top
Structure
Two equal highs, Breakdown of neckline
Market Psychology
Short on close below neckline
Double Bottom
Structure
Two equal lows, Breakout of neckline
Market Psychology
Buy on close above neckline
Head And Shoulders
Structure
Left shoulder, Head (higher high), Right shoulder, Neckline breakdown
Market Psychology
Short on close below neckline
Inverse Hs
Structure
Left shoulder, Head (lower low), Right shoulder, Neckline breakout
Market Psychology
Buy on close above neckline
Rounding Bottom
Structure
Slow curve from down to up, Gentle accumulation
Market Psychology
Buy on breakout of high resistance
Rising Wedge
Structure
Higher highs and higher lows contracting, Upward slope but narrowing
Market Psychology
Short on breakdown below lower line
Falling Wedge
Structure
Lower highs and lower lows contracting, Downward slope but narrowing
Market Psychology
Buy on breakout above upper line
Triple Top
Structure
Three equal peaks at resistance, Neckline breakdown
Market Psychology
Short on close below the lows of the valleys
Triple Bottom
Structure
Three equal troughs at support, Neckline breakout
Market Psychology
Buy on close above the peaks of the valleys
False Breakout
Structure
Breakout without volume, Immediate rejection
Market Psychology
Enter against the breakout on sharp return
Bull Trap
Structure
Price breaks resistance, Immediately reverses with heavy volume
Market Psychology
Short once back inside resistance
Bear Trap
Structure
Price breaks support, Immediately reverses upward
Market Psychology
Buy once back above support
Gap Up Continuation
Structure
Gap up above reference, Holds the gap area
Market Psychology
Buy initial 5/15 min high breakout
Gap Fill
Structure
Gap up/down, Price fails to hold and enters gap
Market Psychology
Enter on reversal back into gap
Vwap Rejection
Structure
Price moves far from VWAP, Heavy rejection at VWAP line
Market Psychology
Enter on bearish/bullish engulfing at VWAP
Support Resistance Flip
Structure
Former Resistance becomes Support, Clear breakthrough and retest
Market Psychology
Enter on retest of the flipped level
Ema Crossover Breakout
Structure
Faster EMA crosses slower EMA, Price breaks out after crossover
Market Psychology
Buy on pullbacks to the EMAs after crossover
Parabolic Move Exhaustion
Structure
Sharp vertical climb, Distance from EMAs is extreme, Blow-off top with high volume
Market Psychology
Short on breakage of previous 3-candle low
Broadening Formation
Structure
Higher highs and lower lows, Expanding range (Megaphone)
Market Psychology
Enter on partial reversal from boundary or breakout
Pattern Trading Tips
- • Wait for pattern completion before trading
- • Confirm with volume analysis
- • Use multiple timeframes for confirmation
Common Mistakes
- • Trading incomplete patterns
- • Ignoring overall market trend
- • Not using proper risk management
Pattern Wisdom
"Patterns don't predict the future; they reveal probabilities."