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Trading Chart Patterns Reference Guide

The document is a reference guide for trading chart patterns, detailing various patterns along with their directional bias, entry points, stop loss placements, and target levels. It includes patterns such as Ascending Triangle, Descending Triangle, and Head & Shoulders, among others. Each pattern is categorized as bullish, bearish, or continuation, providing traders with essential information for making trading decisions.

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Viswanatham Marella
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© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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7 views1 page

Trading Chart Patterns Reference Guide

The document is a reference guide for trading chart patterns, detailing various patterns along with their directional bias, entry points, stop loss placements, and target levels. It includes patterns such as Ascending Triangle, Descending Triangle, and Head & Shoulders, among others. Each pattern is categorized as bullish, bearish, or continuation, providing traders with essential information for making trading decisions.

Uploaded by

Viswanatham Marella
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Trading Chart Patterns Reference Guide

Pattern Direction Entry Stop Loss Target

Ascending Triangle Bullish Breakout above resistance Below swing low Triangle height
Descending Triangle Bearish Breakdown below support Above swing high Triangle height
Symmetrical Triangle Either Trade breakout Opposite trendline Pattern height
Channel Up Bullish Buy near lower channel Below channel Upper channel
Channel Down Bearish Sell near upper channel Above channel Lower channel
Rising Wedge Bearish Sell on breakdown Above wedge Pattern height
Falling Wedge Bullish Buy on breakout Below wedge Pattern height
Head & Shoulders Bearish Sell below neckline Above right shoulder Head height
Inverse H&S Bullish Buy above neckline Below right shoulder Head height
Double Top Bearish Sell below neckline Above top Pattern height
Double Bottom Bullish Buy above neckline Below bottom Pattern height
Flag Continuation Trade breakout Opposite flag Flagpole height
Pennant Continuation Trade breakout Opposite pennant Flagpole height

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