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Rising Wedge
Group: ReversalDescription: A narrowing upward-sloping channel, often preceding a bearish reversal. Key Characteristics: Trading Logic: Sell on breakout below support.…
Falling Wedge
Group: ReversalDescription: A narrowing downward-sloping channel, often signaling a bullish reversal. Key Characteristics: Trading Logic: Buy on breakout above the…
Rounding Bottom
Group: ReversalDescription: A gradual rounded bottom followed by an upward breakout. Key Characteristics: Trading Logic: Buy on breakout above resistance.…
Rounding Top
Group: ReversalDescription: A slow reversal pattern forming a smooth rounded top. Key Characteristics: Trading Logic: Sell on breakout below support.…
Triple Bottom
Group: ReversalDescription: Three bottoms at the same level, showing accumulation and potential upward reversal. Key Characteristics: Trading Logic: Buy on…
Triple Top
Group: ReversalDescription: Three consecutive peaks at roughly the same level, signaling exhaustion of buyers and trend reversal. Key Characteristics: Trading…
Double Bottom
Group: ReversalDescription: Two consecutive lows at the same level after a downtrend, with a corrective bounce in between. A breakout…
Head and Shoulders
DefinitionOne of the most recognizable and reliable reversal patterns. It consists of three consecutive peaks: the middle one (“head”) is…
Bearish Flag
Definition:After a strong decline, the market enters a correction in the form of an upward-sloping channel. This reflects temporary resistance…
