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…