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Rekt Capital's Chart Pattern Cheat Sheet

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0% found this document useful (0 votes)
325 views4 pages

Rekt Capital's Chart Pattern Cheat Sheet

Uploaded by

Marga777
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
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bullish Patterns @rektcapital

bullish rectangle bullish pennant bullish flag

Double Bottom inverse head & Shoulders

Bearish Patterns
bearish rectangle bearish pennant bear flag

double top head & Shoulders

either way patterns


ascending triangle descending triangle symmetrical triangle
bullish Patterns @rektcapital

bullish rectangle bullish pennant bullish flag

Double Bottom inverse head & Shoulders

Here’s a deeper description of each pattern pictured above:

Bullish Rectangle: A continuation pattern, it suggests a pause in trend before


resuming an upward move.

Bullish Pennant: A small symmetrical triangle following a strong price rise,


indicating a brief consolidation before another upward surge.

Bullish Flag: Represents a short consolidation phase following a strong


upward trend, indicating an impending upward breakout.

Double Bottom: A reversal pattern showcasing two distinct lows at roughly


the same price level, suggesting an impending upward movement after
confirmation.

Inverse Head & Shoulders: A reversal pattern indicating the end of a downtrend
and the beginning of an uptrend once the neckline is breached.
Bearish Patterns @rektcapital

bearish rectangle bearish pennant bear flag

double top head & Shoulders

Here’s a deeper description of each pattern pictured above:

Bearish Rectangle: A continuation pattern indicating a pause in trend before


resuming a downward move.

Bearish Pennant: A small symmetrical triangle following a strong price


decline, suggesting a brief consolidation before another downward move.

Bear Flag: Represents a short consolidation after a strong decline, indicating


an impending downward breakout.

Double Top: A reversal pattern with two distinct highs at roughly the same
price level, suggesting a coming downward movement after confirmation.

Head & Shoulders: A reversal pattern indicating the end of an uptrend and the
beginning of a downtrend once the neckline is breached.
either way patterns @rektcapital

ascending triangle symmetrical triangle

descending triangle

Here’s a deeper description of each pattern pictured above:

Ascending Triangle: A bullish continuation or reversal pattern with a


horizontal top and upward sloping bottom, indicating potential breakout
upwards.

Descending Triangle: A bearish continuation or reversal pattern with a


horizontal bottom and downward sloping top, suggesting a potential
breakout downwards.

Symmetrical Triangle: A continuation pattern where the price moves within


converging trendlines and could break out in either direction.

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