Learn Stock Charts -

Flag and Pennant Pattern

FLAG AND PENNANT PATTERN just a breather Characteristics: 1. There is a clear direction of the price trend; 2. This […]

WEDGE PATTERN a temporary stop of the primary trend Characteristics: 1. It is a contracting range in prices; 2. This

TRIPLE TOP PATTERN a good time to sell Characteristics: 1. Volume is usually low during the second rally up and

DOUBLE TOP PATTERN buyers and sellers taking turns Characteristics: 1. A financial instrument runs up to a particular level; 2.

CUP AND HANDLE PATTERN (CAHP) a cup preceding its handle Characteristics: 1. A cup and handle formation should follow a

TREND LINES a bounding line for the movement of a security Definitions: 1) When you can draw a diagonal line

HEAD AND SHOULDERS PATTERN (HASP) a head and two shoulders Characteristics: The HASP has a structure that is visually similar

BULLISH WHITE OPENING MARUBOZU (BWOM) A white that has a upper shadow but has no lower shadow. Characteristics: 1. A

BULLISH WHITE CLOSING MARUBOZU (BWCM) a white body that has a lower shadow but no upper shadow Characteristics: 1. A

BULLISH WHITE MARUBOZU (BWM) A white body that has no lower or upper shadow Characteristics: 1. It does not have

BULLISH LONG WHITE CANDLESTICK (BLWC) A white body with upper and lower shadows Characteristics: 1. The body of the BLWC

BULLISH THREE LINE STRIKE PATTERN (BTLSP) Three whites and a black Characteristics: 1. Market is on an uptrend; 2. There

BULLISH SEPARATING LINES PATTERN (BSLP) A black stick followed by a White Marubozu Characteristics: 1. Market is on an uptrend;

BULLISH UPSIDE TASUKI GAP PATTERN (BUTGP) Day 2’s gap is not fully closed Characteristics: 1. Market is on an uptrend;

BULLISH UPSIDE GAP THREE METHODS PATTERN (BUGTMP) Gap closes on the third day Characteristics: 1. Market is on an uptrend;