Chart patterns, one by one

Candlesticks and price patterns, one by one: the exact threshold, what they are actually worth, and how to measure them in your own journal.

Most pages on chart patterns assert without measuring, and give a different threshold from one author to the next. These lessons do the opposite: one pattern per page, a fixed numerical threshold, sourced measurements rather than promises, and the only question that really matters to you, which is whether the pattern works on your market and at your timeframe.

The starting point remains the candlestick charts lesson, which explains why we do not recite the catalogue. The pages that follow take the patterns you will actually meet, and hold them to the same standard.

The fourteen patterns, in miniature The fourteen patterns of the category, each in its reference shape. At the top, the candlestick patterns, read on one or two candles and only worth something because of where they appear. At the bottom, the price patterns, formed over dozens of candles and pointing to their own entry. Each lesson gives the exact threshold and the measured numbers.

Chart patterns

14 lessons

Hammer candlestick pattern The exact threshold that makes a hammer, what it is worth across thousands of measured cases, and the three patterns mistaken for it. Hammer candlestick pattern 9 min Chart patterns Shooting star candlestick pattern, measured One candle, a long upper shadow after a rise: the criteria source by source, what the measurements say, and a worked example. Shooting star candlestick pattern, measured 15 min Chart patterns Inside bar: continuation, not reversal The pattern nearly every price action course teaches backwards, and the study of almost 30,000 cases that proves it. Inside bar: continuation, not reversal 6 min Chart patterns Engulfing candle: what it is worth The most taught two-candle pattern on the market, how frequent it is, and why its performance rank sits so low. Engulfing candle: what it is worth 6 min Chart patterns Bullish harami and bearish harami patterns Two candles, the second sitting inside the body of the first: the criteria source by source, the harami cross, and what the measurements say. Bullish harami and bearish harami patterns 14 min Chart patterns Spinning top candle: a measured coin flip The second most frequent candle on the chart, and the study that gives it exactly one chance in two. Spinning top candle: a measured coin flip 5 min Chart patterns Triangle pattern: the actual numbers The most drawn pattern on the market, and the study ranking it 36th out of 39. The three variants and what they are worth. Triangle pattern: the actual numbers 6 min Chart patterns Cup and handle pattern: how to trade it The best ranked pattern in this file: 3rd out of 39, 5% failure. And the entry mistake its own numbers predict. Cup and handle pattern: how to trade it 7 min Chart patterns VCP: the volatility contraction pattern Smaller and smaller pullbacks, volume drying up, a pivot point: the criteria source by source, a worked example, and what research does not say. VCP: the volatility contraction pattern 14 min Chart patterns Double bottom and its four shapes A failure rate of 12% to 16% depending on shape, and a distinction almost nobody applies although it changes the ranking. Double bottom and its four shapes 7 min Chart patterns Pin bar: a hammer under another name The star pattern of price action, absent from every reference ranking, and why that is perfectly normal. Pin bar: a hammer under another name 6 min Chart patterns Rising wedge pattern and falling wedge Two converging lines that lean the same way. The falling wedge breaks upward in 68% of cases, the rising wedge downward in 60%. Rising wedge pattern and falling wedge 14 min Chart patterns Tweezer tops and bottoms The only pattern in this file whose study gives the exact opposite of what it is supposed to announce. Tweezer tops and bottoms 5 min Chart patterns Gap fill: which gaps actually close No, gaps do not always fill. Depending on the type it is 85% within a week, or 1%. Gap fill: which gaps actually close 6 min Chart patterns