Chart Patterns - IncredibleCharts - links to

• Chart Patterns
  •  Long-Term Patterns
    • Chart Patterns
      Chart Patterns are formed by support and resistance levels and by trend lines.
    • Cup and Handle
      The cup and handle is a longer term continuation pattern, similar to an ascending triangle.
    • Double Tops
      Double tops are useful reversal patterns in an up-trend, identified by two peaks of similar height, followed by a break below the intervening trough.
    • Head & Shoulders
      A powerful reversal signal, the head and shoulders pattern is completed by a lower peak followed by a break below the neckline.
    • Support/Resistance
      Support and resistance are the foundation stone of all technical analysis.
    • Trading Ranges
      Trading Ranges are formed by support and resistance lines in close proximity. Price fluctuates in a narrow band with no clear trend.
    • Triangles & Wedges
      Triangles and wedges can be powerful continuation or reversal patterns, depending on their shape.
    • Triple Tops
      Triple tops are similar to double tops and comprise three peaks of similar height.
  •  Short-Term Patterns
    • Short-Term Support & Resistance
      Support, resistance and trading ranges.
    • Flags & Pennants
      Flags and pennants are short-term congestion patterns that form in trends and are reliable continuation signals.
    • Rectangles
      Rectangles are narrow consolidations in a trend.
    • Rectangle Signals
      Rectangles are of the most reliable chart patterns when they appear in close proximity to support or resistance during an up-trend.
    • Volume Patterns
      Volume activity provides powerful confirmation of price signals and often gives advance warning.
    • Trading Candlesticks
      To improve Candlesticks accuracy, combine with Volatility, Volume, Support/Resistance and Trendlines.
  •  Daily Patterns
    • Bar/OHLC Charts
      How to identify trends, control, commitment, uncertainty, inside and outside days.
    • Candlestick Charts
      Candlestick chart patterns are able to highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
    • Gaps
      Gaps are often found at breakouts or during a strong trend.
    • Wide Ranging Days
      A powerful signal, especially after big volume changes or a strong trend.
    • Spikes
      A spike is identified by a high sharply above the days on either side, a close near the day's low, and a strong preceding trend.
    • Volume Spikes/Dips
      There are two times where daily volume will highlight unusual trading activity: a spike above the normal range or a dip below normal activity levels.
  •  Reversal Days
    • Reversal Days
      Every trend change is signaled by a reversal day. The secret is to identify their potency.
    • Closing Price Reversal
      A powerful reversal signal, especially with a large spike after a strong advance...
    • Hook Reversal
      An inside day that signals a fairly weak reversal...
    • Island Reversal
      Island reversals are powerful signals, identified by gaps between the signal day and the days on either side...
    • Key Reversal
      Key reversal signals do not occur very often but are definitely worth the wait...
    • Open-Close Reversal
      Open-Close reversals are potent reversal signals when they follow a strong trend.
    • Pivot Point Reversal
      Pivot point reversals are the simplest and most commonly encountered of all reversal signals.
  •  Point & Figure Patterns
    • Basic Point & Figure Patterns
      Basic Point and Figure chart patterns: Support and resistance, trendlines, breakouts, bullish and bearish signals.
    • Bull & Bear Traps
      One of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
    • Cup & Handle
      Identify the cup and handle pattern on Point and Figure charts. Popularized by William J O'Neill (How To Make Money In Stocks).
    • False Breaks
      Similar to Point and Figure bull and bear traps, false (or marginal) breaks occur at minor support levels (from a previous low) or minor resistance.
    • Retracements
      Retracements (or corrections), during a Point and Figure trend, tell us about the strength of the trend.
    • Spikes
      An upward Point and Figure spike is where a rally exceeds the previous column of Xs by at least 10 boxes.
    • Trend Reversals
      After a Point and Figure up-trend, marginal new highs (especially where accompanied by equal or lower lows) indicate a loss of momentum.
    • Triangles
      For a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend.