š š„ TRADERS' PATTERNS CHEATSHEET š„
ā
BULLISH PATTERNS:
Falling Wedge: Downtrend compression ā breakout upwards.
Symmetrical Triangle: Consolidation ā breakout direction follows trend.
Bullish Rectangle: Range ā breakout upwards continuation.
Inverse Head & Shoulders: Reversal pattern ā strong uptrend post neckline breakout.
Cup and Handle: Rounded bottom + small pullback ā breakout for bullish continuation.
Ascending Triangle: Flat resistance with higher lows ā breakout upwards.
š» BEARISH PATTERNS: 7. Head & Shoulders: Reversal pattern ā trend shift down after neckline break.
8. Bearish Flag: Small upward consolidation in downtrend ā breakdown continuation.
9. Descending Triangle: Flat support with lower highs ā breakdown continuation.
10. Rising Wedge: Uptrend losing strength ā breakdown reversal.
11. Symmetrical Triangle (Bearish): Consolidation in downtrend ā continuation breakdown.
12. Bearish Rectangle: Range ā breakdown continuation.
š” Tip for Traders:
These patterns form the foundation of technical trading. Practice identifying them on charts daily to improve your precision and confidence in entries and exits.
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