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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…
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Megaphone Pattern: A Complete Guide to the Broadening Formation
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…
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Diamond Pattern Trading – How to Identify and Trade Diamond Top and Diamond Bottom
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…
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Rounding Bottom and Rounding Top Patterns
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…
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Ascending and Descending Channels: How to Identify, Trade, and Avoid the Most Common Traps
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…
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Pennant Pattern: Definition, Identification, and Trading Rules
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…
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Symmetrical Triangle Pattern
The symmetrical triangle pattern is a neutral consolidation bounded by two converging trendlines—one connecting lower highs, one connecting higher lows. It signals indecision…
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Rectangle Pattern
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…
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Three White Soldiers and Three Black Crows Candlestick Pattern
Three White Soldiers and Three Black Crows are mirror‑image three‑candle reversals: Soldiers—three long bullish bodies after a decline; each opens within prior body, closes…
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Morning Star and Evening Star Candlestick Pattern
Morning Star and Evening Star are three‑candle reversal candlestick patterns. A Morning Star is a bullish reversal after a downtrend; an Evening Star is a bearish reversal…
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TakeProfit Stock Screener: 80+ Filters to Find the Best Stocks in 2026
TakeProfit Stock Screener is a widget within the TakeProfit trading platform designed for stock selection and strategy development based on fundamental company metrics. It…