Chart patterns, shown on real charts.
Most pattern guides illustrate with a hypothetical stock at a round number. Every pattern here is shown on setups that were actually published in the Weekend ChartBook: with the date, the price it was marked at, and the entry, stop and target exactly as they went out.
Reversal patterns
Form at the end of a trend and signal it is turning.
Double Bottom
bullishTwo lows at the same level, then a break above the peak between them.
Read the patternCup and Handle
bullishA rounded base, then a shallow pullback, then the breakout.
Read the patternRounding Bottom
bullishOne long curved base, measured in years rather than months.
Read the patternFalling Wedge
bullishTwo converging downward lines: sellers running out of momentum.
Read the patternDescending Channel
bullishParallel falling boundaries: bearish inside, a setup only on the breakout.
Read the patternContinuation patterns
Form inside a trend and signal it is pausing, not ending.
Bilateral patterns
Resolve in either direction: the breakout tells you which.