Rising Wedge Patterns

Rising wedge patterns are bigger overall patterns that form a big bullish move to the upside. They form by connecting 2-3 points on both support and resistance levels. Price action forms a big up channel. It becomes bearish once price fails the base of the wedge. Look for a retest of the base of the…

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Descending Triangle Patterns

Descending triangle patterns are a bearish pattern. They have 3 or more previous support levels that form a flat bottom. They also have lower highs that form, causing a bearish trendline. Look for price to fail the base of the triangle. If price action retests the base and fails then you’ll have bearish confirmation. Watch…

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Ascending Triangle Patterns

Ascending triangle patterns are a bullish pattern. They have 3 or more previous resistance levels that form a flat top. They also have higher lows that form, causing a bullish trendline. Look for price action to break above the flat top. If price action retests and holds then you’ll have bullish confirmation of a breakout….

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Symmetrical Triangle Patterns

Symmetrical triangle patterns are a bigger overall candlestick pattern. It consists of connecting coequal 2-3 peaks and valleys on both support and resistance levels, which leads price action to an apex point. This pattern could be either bullish or bearish depending on where price action goes outside of the apex point. Watch our video on…

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Bear Pennants Patterns

Bear pennants are one of the most popular bearish patterns to….be bearish on. They consist of either a large bearish candlestick or several smaller bearish candlesticks down forming the flag pole, followed by several smaller bullish candlesticks forming consolidation into a triangle, which forms the pennant (triangle). Look for price to fall out of the…

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Bull Pennants Patterns

Bull pennants are one of the most popular bullish patterns. They consist of either a large bullish candlestick or several smaller bullish candlesticks up forming the flag pole, followed by several smaller bearish candlesticks forming consolidation into a triangle, which forms the pennant. Look for price to move out of the pennant to confirm bullish…

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Bear Flag Patterns

Bear flag patterns are one of the most popular bearish patterns. They consist of either a large bearish candlestick or several smaller bearish candlesticks down forming the flag pole, followed by several smaller bullish candlesticks pulling back up for consolidation, which forms the flag. Look for price to fail below the flag to confirm bearish…

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Bull Flag Patterns

What does a bull flag look like? It’s a beautiful pattern that excites momentum traders around the world. Bull flag patterns are one of the most popular bullish patterns. They consist of either a large bullish candlestick or several smaller bullish candlesticks up forming the flag pole, followed by several smaller bearish candlesticks pulling back…

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gap down patterns

Gap down patterns are also known as falling windows. They’re bearish. Gappers are blank windows that form because after hours and pre-market had something happen that caused price to open lower than the previous days close. Gap down patterns can be found on many stock charts. The gap down pattern occur when price opens lower…

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Gap Up Patterns

Gap up patterns are also known as rising windows. These trading gaps are considered bullish because of the move up in price. A lot of gaps happen during earnings. Earnings reports are given after the market closes. Usually an earnings report that has high earnings generates a lot of interest and thus volume (bullish buying…

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