Top 5 bullish & bearish patterns per Bulkowski's research:
Bullish setups with edge:
• Ascending triangle
• Cup with handle
• Double bottom
• Inverse head & shoulders
• Falling wedge
Bearish setups to watch:
• Descending triangle
• Head & shoulders top
• Double top
• Rising wedge
• Bearish pennant
These aren't memes—Bulkowski's data shows these patterns have actual statistical edge when confirmed with volume. Most traders miss the breakout because they enter too early or chase too late.
The real alpha: wait for volume confirmation on the breakout candle. Pattern without volume = trap.
Bullish setups with edge:
• Ascending triangle
• Cup with handle
• Double bottom
• Inverse head & shoulders
• Falling wedge
Bearish setups to watch:
• Descending triangle
• Head & shoulders top
• Double top
• Rising wedge
• Bearish pennant
These aren't memes—Bulkowski's data shows these patterns have actual statistical edge when confirmed with volume. Most traders miss the breakout because they enter too early or chase too late.
The real alpha: wait for volume confirmation on the breakout candle. Pattern without volume = trap.