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  • 8 Trend Patterns Every Trader Must Know

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    Fredelito Dela Cruz
    155 views1 page
    The document discusses various bullish and bearish technical chart patterns including pennant patterns, flag patterns, triangle patterns, channel patterns, double and triple top/bottom patterns, rectangle patterns, and head and shoulders patterns. It provides the estimated percentage success rates for each pattern type, with head and shoulders patterns and inverted head and shoulders patterns having the highest reported success rates above 83%.

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    Summary of 8 Trend Patterns that Every Trader Must Know

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    The document discusses various bullish and bearish technical chart patterns including pennant patterns, flag patterns, triangle patterns, channel patterns, double and triple top/bottom patterns, rectangle patterns, and head and shoulders patterns. It provides the estimated percentage success rates for each pattern type, with head and shoulders patterns and inverted head and shoulders patterns having the highest reported success rates above 83%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    155 views1 page

    8 Trend Patterns Every Trader Must Know

    Uploaded by

    Fredelito Dela Cruz
    The document discusses various bullish and bearish technical chart patterns including pennant patterns, flag patterns, triangle patterns, channel patterns, double and triple top/bottom patterns, rectangle patterns, and head and shoulders patterns. It provides the estimated percentage success rates for each pattern type, with head and shoulders patterns and inverted head and shoulders patterns having the highest reported success rates above 83%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Bullish Pennant Pattern (54.87%) and Bearish Pennant Pattern (55.

    19%)

    Bull Flag Pattern (67.13% Success) and Bear Flag Pattern (67.72% Success)

    Ascending Triangle Pattern (72.77%) and Descending Triangle Pattern (72.93%)

    Ascending Channel Pattern (73.03%) and Descending Channel Pattern (72.88%)

    Double Top Pattern (75.01%) and Double Bottom Pattern (78.55%)

    Triple Top Pattern (77.59%) and Triple Bottom Pattern (79.33%)

    Bullish Rectangle Pattern (78.23%) and Bearish Rectangle Pattern (79.51%)

    Head and Shoulders Pattern (83.04%) and Inverted Head and Shoulders Pattern (83.44%)

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