Connecting to market data...
QuantX

ChartX — Chart Pattern Encyclopedia

A trading-desk reference for classical technical-analysis chart patterns. Every entry has identification criteria, formation logic, a confirmation rule, and an interactive sample chart built with TradingView's charting library.

ChartX is an educational reference on classical technical-analysis chart patterns. It does not constitute investment advice, a recommendation, or a research report under SEBI (Research Analysts) Regulations, 2014 or SEBI (Investment Advisers) Regulations, 2013. All charts show synthetic, illustrative sample data generated to demonstrate pattern shape and are not derived from any real security. Chart patterns describe historical price behavior and do not predict future price movement or guarantee returns. Reliability tiers reflect general consensus in technical-analysis literature and practitioner convention, not backtested statistics or win-rates for any market, timeframe, or instrument.
Category
Direction

22 of 22 patterns · 0 studied

Reversal Patterns

Head and Shoulders Top

A three-peak reversal pattern that forms at the end of an uptrend, where a higher middle peak (the head) sits between two lower, roughly equal peaks (the shoulders), separated by a support line called the neckline.

BearishReversal
Candlestick chart showing an uptrend rising into a left shoulder peak, pulling back, rising higher to form a head peak, pulling back to a similar level (forming a roughly flat neckline), rising again to a right shoulder peak lower than the head, then breaking down decisively through the neckline into a new downtrend.

Inverse Head and Shoulders

The mirror image of the head and shoulders top: a three-trough reversal pattern that forms at the end of a downtrend, where a deeper middle trough (the head) sits between two shallower, roughly equal troughs (the shoulders).

BullishReversal
Candlestick chart showing a downtrend falling into a left shoulder trough, bouncing, falling lower to form a head trough, bouncing back to a similar level (forming a roughly flat neckline), falling again to a right shoulder trough shallower than the head, then breaking up decisively through the neckline into a new uptrend.

Double Top

A bearish reversal pattern shaped like the letter "M": price rallies to a peak, retreats to a support level, rallies again to a similar peak, then fails and breaks the support.

BearishReversal
Candlestick chart rising to a first peak, pulling back to a support level, rising again to a second peak at roughly the same height, then breaking down decisively through the support level.

Double Bottom

A bullish reversal pattern shaped like the letter "W": price falls to a trough, bounces to a resistance level, falls again to a similar trough, then breaks above the resistance.

BullishReversal
Candlestick chart falling to a first trough, bouncing to a resistance level, falling again to a second trough at roughly the same depth, then breaking up decisively through the resistance level.

Triple Top

A bearish reversal pattern in which price tests the same resistance level three times without breaking through, then finally breaks down through the support formed by the intervening troughs.

BearishReversal
Candlestick chart showing three peaks at roughly the same height separated by two troughs at roughly the same support level, followed by a decisive break down through that support.

Triple Bottom

A bullish reversal pattern in which price tests the same support level three times without breaking down, then finally breaks up through the resistance formed by the intervening peaks.

BullishReversal
Candlestick chart showing three troughs at roughly the same depth separated by two peaks at roughly the same resistance level, followed by a decisive break up through that resistance.

Rounding Bottom

A gradual, saucer-shaped bullish reversal pattern in which a decline slowly loses momentum, flattens into a broad bottom, and then slowly curves back upward before breaking above the level where the decline began.

BullishReversal
Candlestick chart showing a slow decline that gradually flattens into a broad, rounded base over an extended period, then gradually curves upward and breaks above the resistance level where the original decline began.

Rounding Top

The mirror image of the rounding bottom: a gradual, dome-shaped bearish reversal in which an advance slowly loses momentum, flattens into a broad top, and then slowly curves downward before breaking below the level where the advance began.

BearishReversal
Candlestick chart showing a slow advance that gradually flattens into a broad, rounded dome over an extended period, then gradually curves downward and breaks below the support level where the original advance began.

Rising Wedge

A bearish pattern in which price rises inside a narrowing channel — both the highs and the lows are rising, but the lows rise faster than the highs, converging toward an apex before breaking down.

BearishReversal
Candlestick chart rising inside a narrowing channel where both boundaries slope upward but converge toward each other, followed by a decisive break down through the rising support line.

Falling Wedge

A bullish pattern in which price falls inside a narrowing channel — both the highs and the lows are falling, but the highs fall faster than the lows, converging toward an apex before breaking up.

BullishReversal
Candlestick chart falling inside a narrowing channel where both boundaries slope downward but converge toward each other, followed by a decisive break up through the falling resistance line.

Diamond Top

A rare bearish reversal pattern combining a broadening formation and a symmetrical triangle back to back: swings widen into a rhombus shape, then narrow toward an apex before breaking down.

BearishReversal
Candlestick chart rising into a widening series of swings (each high higher and each low lower than the last), then narrowing into a converging series of swings toward an apex, then breaking down decisively below the lower boundary.

Diamond Bottom

The mirror image of the diamond top: a rare bullish reversal pattern in which swings widen into a rhombus shape after a downtrend, then narrow toward an apex before breaking up.

BullishReversal
Candlestick chart falling into a widening series of swings (each low lower and each high higher than the last), then narrowing into a converging series of swings toward an apex, then breaking up decisively above the upper boundary.

Continuation Patterns

Cup and Handle

A bullish continuation pattern that looks like a teacup in profile: a rounded "cup" retracement back to the prior high, followed by a shallow "handle" pullback, then a breakout above the cup's rim.

BullishContinuation
Candlestick chart showing an uptrend into a rounded cup-shaped pullback and recovery back to the prior high, followed by a smaller handle pullback near the highs, then a breakout above the cup rim.

Ascending Triangle

A bullish continuation pattern formed by a flat resistance line at the top and a rising trendline of higher lows at the bottom, converging toward the resistance level.

BullishContinuation
Candlestick chart with a flat resistance line at the top touched multiple times, and a rising trendline of higher lows at the bottom, converging until price breaks decisively above the resistance line.

Descending Triangle

A bearish continuation pattern formed by a flat support line at the bottom and a falling trendline of lower highs at the top, converging toward the support level.

BearishContinuation
Candlestick chart with a flat support line at the bottom touched multiple times, and a falling trendline of lower highs at the top, converging until price breaks decisively below the support line.

Bull Flag

A short bullish continuation pattern consisting of a sharp, near-vertical advance (the "flagpole") followed by a brief, gently downward-sloping consolidation (the "flag") before the advance resumes.

BullishContinuation
Candlestick chart showing a sharp, steep rally (the flagpole), followed by a brief, gently downward-sloping sideways consolidation (the flag), then a breakout above the flag that resumes the advance.

Bear Flag

A short bearish continuation pattern consisting of a sharp, near-vertical decline (the "flagpole") followed by a brief, gently upward-sloping consolidation (the "flag") before the decline resumes.

BearishContinuation
Candlestick chart showing a sharp, steep decline (the flagpole), followed by a brief, gently upward-sloping sideways consolidation (the flag), then a breakdown below the flag that resumes the decline.

Bullish Pennant

A short bullish continuation pattern consisting of a sharp advance (the "flagpole") followed by a brief, small symmetrical-triangle consolidation before the advance resumes.

BullishContinuation
Candlestick chart showing a sharp, steep rally (the flagpole), followed by a brief, narrowing symmetrical-triangle consolidation (the pennant), then a breakout above the pennant that resumes the advance.

Bearish Pennant

A short bearish continuation pattern consisting of a sharp decline (the "flagpole") followed by a brief, small symmetrical-triangle consolidation before the decline resumes.

BearishContinuation
Candlestick chart showing a sharp, steep decline (the flagpole), followed by a brief, narrowing symmetrical-triangle consolidation (the pennant), then a breakdown below the pennant that resumes the decline.

Bilateral Patterns

Symmetrical Triangle

A bilateral pattern formed by a falling trendline of lower highs and a rising trendline of higher lows, converging toward an apex. Unlike ascending or descending triangles, it carries no inherent directional bias.

NeutralBilateral
Candlestick chart with a falling trendline of lower highs and a rising trendline of higher lows converging toward an apex, followed by a breakout above the falling trendline.

Rectangle

A bilateral trading-range pattern bounded by a flat resistance line above and a flat support line below, in which price oscillates repeatedly between the two before eventually breaking out in either direction.

NeutralBilateral
Candlestick chart oscillating repeatedly between a flat resistance line above and a flat support line below, followed by a breakout above the resistance line.

Broadening Formation

A bilateral "megaphone" pattern in which each swing high is higher and each swing low is lower than the one before — the trading range expands rather than contracts, the opposite of a triangle.

NeutralBilateral
Candlestick chart with swing highs getting progressively higher and swing lows getting progressively lower, forming an expanding megaphone shape, followed by a breakdown below the lower diverging boundary.