Topic
chart patterns
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Gartley Pattern
The Gartley pattern is a five-point harmonic reversal structure (X-A-B-C-D) using specific Fibonacci ratios. It signals a potential trend reversal near point D in a downtrend…
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ABCD Pattern
The ABCD pattern is a four-point harmonic chart pattern (A, B, C, D) formed by three price swings where the CD leg often equals AB by price. It signals a potential reversal…
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Cup and handle pattern: rules, stats, trading
The cup and handle (cup‑with‑handle) is a bullish continuation chart pattern in technical analysis: a U‑shaped cup plus a shorter, shallower handle in the cup’s upper half.…
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Double Top & Double Bottom Pattern Explained
A double top (M) and double bottom (W) are reversal patterns: two similar peaks or troughs with an intervening swing. A top completes on a close below that swing’s low; a…
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Rising and Falling Wedge Pattern Explained
A rising wedge and a falling wedge are chart patterns bounded by two converging trend lines that slope in the same direction. A rising wedge slopes up and usually resolves…
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Bump and Run Reversal Pattern
The bump and run reversal (BARR) is a three-phase chart pattern that signals the end of an unsustainable price move. It consists of a shallow lead-in trend, a steep…
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Bull and Bear Flag Pattern: Definition & Rules
The bull flag and bear flag pattern is a short-term continuation setup: a sharp flagpole advance or decline, then a brief, parallel channel that typically tilts against the…
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Island Reversal Pattern
An island reversal is a reversal chart pattern formed by two price gaps that share a common price range, isolating a cluster of trading activity (the “island”) after a prior…
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Head and Shoulders Pattern: Rules, Necklines, Targets
The head and shoulders pattern is a three‑swing reversal: a higher middle peak (the head) between two lower shoulders for a top, or the mirror image for a bottom. Confirm on…
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Ascending vs. Descending Triangle Patterns
Ascending and descending triangles are right‑angle consolidation patterns with one flat boundary and an opposing sloped boundary. These patterns complete on a breakout…