Major Market Patterns

Quillan · May 8, 2018
0 Topics

Head and Shoulders Downtrend

A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (shoulder), followed by…

See more...

0 Topics

Double Top DownTrend

A double top is a reversal pattern that is formed after there is an extended move up. The “tops” are…

See more...

0 Topics

Head and Shoulders Uptrend

The name speaks for itself. It is basically a head and shoulders formation, except this time it’s upside down. A…

See more...

0 Topics

Double Bottom UpTrend

The double bottom is also a trend reversal formation, but this time we are looking to go long instead of…

See more...

0 Topics

Bearish Wedge

See how the price made a nice move down, that’s the same height as the wedge? What did we learn…

See more...

0 Topics

Bearish Pennants

Like rectangles, pennants are continuation chart patterns formed after strong moves. After a big upward or downward move, buyers or…

See more...

0 Topics

Bullish Pennants

Bullish pennants, just like the name suggests, signals that bulls are about to go a-chargin’ again. This means that the…

See more...

0 Topics

Symmetrical Triangles

A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s…

See more...

0 Topics

Descending Triangles

As you probably guessed, descending triangles are the exact opposite of ascending triangles (we knew you were smart!). In descending…

See more...

0 Topics

Rising Wedge

A rising wedge is formed when price consolidates between upward sloping support and resistance lines. Here, the slope of the…

See more...

0 Topics

Rectangles

A rectangle is a chart pattern formed when price is bounded by parallel support and resistance levels. A rectangle exhibits…

See more...

0 Topics

Bearish Rectangle

A bearish rectangle is formed when the price consolidates for a while during a downtrend. This happens because sellers probably…

See more...

0 Topics

Bullish Rectangle

Here’s another example of a rectangle, this time, a bullish rectangle chart pattern. After an uptrend, the price paused to…

See more...

About Instructor

Quillan

17 Courses

+11478 enrolled
Not Enrolled
This course is currently closed

Course Includes

  • 13 Lessons

Responses