The Best Chart Pattern Cheat Sheet -- You Must To Know Them
Hi Trader's We Have Today New Education Lesson " Chart Pattern "
1- Inverted Head & Shoulder :
Investors typically enter into a long position when the price rises above the resistance of the neckline.
This pattern is the opposite of the popular head and shoulders pattern but is used to predict shifts in
a downtrend rather than an uptrend
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2- Double Bottom :
A double bottom pattern is
a technical analysis charting pattern that
describes a change in trend
and a momentum reversal
from prior leading price action.
The double bottom looks like
the letter "W".
The twice-touched low
is considered a support level .
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3- Bullish Flag :
The Bullish Flag Is Very Important Pattern
That's Tell You The Direction Will Be Change To Up Trend
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4- triple Bottom
A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level.
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5- CUB AND HANDLE
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
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6- Down Head And Shoulders
Investors typically enter into a long position when the price rises above the resistance of the neckline.
This pattern is the opposite of the popular head and shoulders pattern
but is used to predict shifts in a downtrend rather than an uptrend
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7- Triple Top :
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
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8- Double Top
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
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9- Bearish Flag :
A bear flag is a technical pattern that provides an extension/continuation to an existing downward trend. The bear flag formation is underlined from an initial strong directional move down, followed by a consolidation channel in an upwards direction (see image below). The strong move down is known as the ‘flagpole’ whilst the consolidation is referred to as the ‘flag’ itself.
1- Inverted Head & Shoulder :
Investors typically enter into a long position when the price rises above the resistance of the neckline.
This pattern is the opposite of the popular head and shoulders pattern but is used to predict shifts in
a downtrend rather than an uptrend
---------------------------------------------------
2- Double Bottom :
A double bottom pattern is
a technical analysis charting pattern that
describes a change in trend
and a momentum reversal
from prior leading price action.
The double bottom looks like
the letter "W".
The twice-touched low
is considered a support level .
-----------------------------------------------
3- Bullish Flag :
The Bullish Flag Is Very Important Pattern
That's Tell You The Direction Will Be Change To Up Trend
---------------------------------------------
4- triple Bottom
A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level.
---------------------------------------------
5- CUB AND HANDLE
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
---------------------------------------------
6- Down Head And Shoulders
Investors typically enter into a long position when the price rises above the resistance of the neckline.
This pattern is the opposite of the popular head and shoulders pattern
but is used to predict shifts in a downtrend rather than an uptrend
---------------------------------------------
7- Triple Top :
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
---------------------------------------------
8- Double Top
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
---------------------------------------------
9- Bearish Flag :
A bear flag is a technical pattern that provides an extension/continuation to an existing downward trend. The bear flag formation is underlined from an initial strong directional move down, followed by a consolidation channel in an upwards direction (see image below). The strong move down is known as the ‘flagpole’ whilst the consolidation is referred to as the ‘flag’ itself.
