Trading Patterns: Learn and Explore Historical Results
Choose a pattern to see a teaching diagram and a separate study of historical prices. Catalog illustrations use example candles.
Pin bar
One closed candle after a decline: price was pushed lower, then recovered near the top of its range, leaving a long lower wick.
Illustrated variant: Bullish pin bar. Variants: Bullish pin bar · Bearish pin bar.
Open lesson and research →Hammer
One closed candle after a decline, with a lower wick at least twice the body and almost no upper wick.
Open lesson and research →Shooting star
One closed candle after a rise, with an upper wick at least twice the body and almost no lower wick.
Open lesson and research →Bullish engulfing
Two closed candles after a decline: a bearish candle followed by a bullish candle whose body completely covers the first body.
Open lesson and research →Bearish engulfing
Two closed candles after a rise: a bullish candle followed by a bearish candle whose body completely covers the first body.
Open lesson and research →Morning star without a required gap
After a decline, a long bearish candle is followed by a small pause candle and then a bullish close above the midpoint of the first body. A gap is optional in the TLAP version.
Open lesson and research →Evening star without a required gap
After a rise, a long bullish candle is followed by a small pause candle and then a bearish close below the midpoint of the first body. A gap is optional.
Open lesson and research →Inside bar breakout
An inside candle stays within the mother candle range, and the following candle closes beyond one of the mother candle boundaries.
Open lesson and research →Outside bar
A new closed candle extends above the previous high and below the previous low, covering its entire range.
Open lesson and research →False breakout
Price moves above the highest high of the previous 20 completed candles but closes back inside the range.
Illustrated variant: False high breakout. Variants: False high breakout · False low breakout.
Open lesson and research →Range breakout
A candle closes above the highest high of the previous 20 completed candles.
Illustrated variant: Range high breakout. Variants: Range high breakout · Range low breakout.
Open lesson and research →Three white soldiers
Three long bullish candles rise in sequence: each opens inside the previous body, closes higher and leaves a short upper wick.
Open lesson and research →Three black crows
Three long bearish candles fall in sequence: each opens inside the previous body, closes lower and leaves a short lower wick.
Open lesson and research →Head and shoulders
Three peaks form a higher head between two shoulders. The figure completes when price closes below the neckline through the two intervening lows.
Illustrated variant: Head and shoulders. Variants: Head and shoulders · Inverse head and shoulders.
Open lesson and research →Double top / bottom
Two comparable peaks are separated by a pullback. The figure completes when price closes below the low between the peaks.
Illustrated variant: Double top. Variants: Double top · Double bottom.
Open lesson and research →Flag
A sharp rise is followed by a narrow channel that slopes against it. The figure completes when price closes above the upper channel boundary.
Illustrated variant: Bull flag. Variants: Bull flag · Bear flag.
Open lesson and research →Pennant
After a sharp move, falling highs and rising lows create converging boundaries. The figure completes when price closes beyond either boundary.
Open lesson and research →Triangle
Falling highs and rising lows form a narrowing triangle. This variant completes when price closes above the upper boundary.
Illustrated variant: Triangle breakout up. Variants: Triangle breakout up · Triangle breakout down.
Open lesson and research →Wedge
Highs and lows both rise while the range narrows. The figure completes when price closes below the lower rising boundary.
Illustrated variant: Rising wedge. Variants: Rising wedge · Falling wedge.
Open lesson and research →