chart patterns

The megaphone pattern, also called a broadening formation, shows price making higher highs and lower lows with two diverging trendlines. It signals rising volatility and…

The diamond pattern is a reversal chart pattern that starts with a broadening phase (higher highs, lower lows) and narrows into a symmetrical triangle, forming a diamond…

A rounding bottom (saucer bottom) is a long-term U-shaped reversal pattern that forms after a downtrend, confirmed when price closes above the left rim. The rounding top is…

An ascending channel is a price corridor bounded by two upward-sloping, roughly parallel trendlines. A descending channel is its mirror image, sloping downward. Both form…

A pennant is a short-term continuation pattern consisting of a small symmetrical triangle that follows a steep price move (the flagpole). The breakout typically resumes the…

The symmetrical triangle pattern is a neutral consolidation bounded by two converging trendlines—one connecting lower highs, one connecting higher lows. It signals indecision…

A rectangle pattern is a sideways price range bounded by horizontal support and resistance, signaling a pause in the prior trend. It can result in a bullish breakout above…

Triple Top and Triple Bottom are mirror-image reversal chart patterns in technical analysis. A triple top after an uptrend turns bearish on a close below the lowest…

The dead cat bounce pattern is a brief rally that interrupts a larger decline. After a sharp drop, price rebounds; it’s counted as a dead cat bounce only if price later…