Chart Patterns
Head and shoulders, double tops and bottoms, triangles, wedges, flags and pennants, cup and handle, breakout and retest and the measured move.
Library categories
Chart patterns are shapes price draws over many candles. These lessons define when a pattern is complete, where it is invalidated and how the measured-move target is calculated.
- Intermediate
Head and Shoulders
Three peaks, the neckline and the measured target.
Read lesson - Beginner
Double Top and Double Bottom
Two tests of a level and the neckline confirmation.
Read lesson - Beginner
Triangle Patterns
Ascending, descending and symmetrical triangles.
Read lesson - Intermediate
Rising and Falling Wedges
Narrowing channels and their usual break direction.
Read lesson - Beginner
Bull and Bear Flags (and Pennants)
A pole, a shallow flag and the continuation breakout.
Read lesson - Intermediate
Cup and Handle
A rounded base, a handle and a breakout above the rim.
Read lesson - Beginner
Breakout and Retest
Resistance becomes support, and the failed retest.
Read lesson - Intermediate
Measured Move
Projecting the first leg to target the second.
Read lesson - IntermediateFull guide on The Tradeskill
Bull Traps and Bear Traps
Playbook lesson: failed breakouts and how they confirm.
Read lesson