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Pattern

The document outlines various reversal and continuation patterns that can occur in financial markets including wedges, channels, double tops/bottoms, head and shoulders, triangles, boxes, flags, and pennants. These patterns are formed by connecting highs and lows over time and can indicate an uptrend or downtrend is emerging, continuing, or reversing direction.

Uploaded by

Ihsan Illahi Bin Ajman
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
101 views

Pattern

The document outlines various reversal and continuation patterns that can occur in financial markets including wedges, channels, double tops/bottoms, head and shoulders, triangles, boxes, flags, and pennants. These patterns are formed by connecting highs and lows over time and can indicate an uptrend or downtrend is emerging, continuing, or reversing direction.

Uploaded by

Ihsan Illahi Bin Ajman
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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REVERSAL PATTERN

WEDGES DOWNTREND WEDGES UPTREND

4 SL
Pattern Start 0 2

1
Pattern Break
5
3
1 Pattern Start 0
2

CHANNEL DOWNTREND CHANNEL UPTREND

SL 4
Pattern Break
1
2
5
3
0 3 Pattern Start
Pattern Start
0

1 2

DOUBLE TOP DOUBLE BOTTOM

Pattern Start SL

Pattern Break

Pattern Start SL

HEAD AND SHOULDER

SL

Pattern Break

Pattern Start
CONTINUATION

TRIANGLE UPTREND
0
Pattern Start 2
4

3 Pattern Break

5
5 SL
Pattern Break 1 3
4
SL

BOX UPTREND

0 2 4
Pattern Start
Pattern Break

1 3 5 SL
3
Pattern Break
5
FLAG

SL 0
Pattern Start

4
1
Pattern Break

3
Pattern Break

SL 5 SL
TRIANGLE DOWNTREND
0

3
5
SL
Pattern Break
Pattern Break
Pattern Start
4
1

BOX DOWNTREND

1 3 5 SL

Pattern Break Pattern Break

Pattern Start
2 4
0

PENNANT

5 SL

3
Pattern Break
1

4
2
Pattern Break
0
Pattern Start

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