13 Stock Chart Patterns That You Can’t Afford To Forget

stock chart patterns

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Chart patterns play a critical role in usefulness technical analysis. Chart patterns are a result of human nature and trading psychology. If you can learn to recognize patterns early you can also learn to profit from breakouts and reversals.


As you all know I’m a big fan of technical analysis and chart patterns are very powerful for any trader.

Why Are They So Important?

Simply put, chart patterns are just a series of price action that occurs in a stocks trading. These can happen on any time frame really; monthly, weekly, daily and intra-day. The great thing about chart patterns is that they repeat themselves over and over again. Human psychology and investor emotional cycles never fade. The markets change but human emotion does not!

So if you can learn to recognize these patterns early, you will gain a real competitive advantage in the markets. Just as volume, support and resistance levels, RSI, and Fibonacci Retracements can help your technical analysis trading, chart patterns can help identify trend reversals and continuations.

Print This Out So You Won’t Forget!

Click the print button right now and keep this article by your desk. I promise it will be a huge help in the coming weeks and months. Just having them in your face each and every day will subconsciously help you learn to recognize them in live trading.

1. Pennant

2. Cup And Handle

3. Ascending Triangle

4. Triple Bottom

5. Descending Triangle

6. Inverse Head And Shoulders

7. Bullish Symmetric Triangle

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8. Rounding Bottom

9. Flag Continuation

10. Double Top

11. Bearish Symmetric Triangle

12. Falling Wedge

13. Head And Shoulders Top

14. Did I Forget Your Favorite Pattern?

Add your comments below and let me know what patterns you like to trade besides the 13 above. There are many more stock chart patterns out there, but these will just get you started.

About The Author

Kirk Du Plessis

Kirk founded Option Alpha in early 2007 and currently serves as the Head Trader. Formerly an Investment Banker in the Mergers and Acquisitions Group for Deutsche Bank in New York and REIT Analyst for BB&T Capital Markets in Washington D.C., he's a Full-time Options Trader and Real Estate Investor. He's been interviewed on dozens of investing websites/podcasts and he's been seen in Barron’s Magazine, SmartMoney, and various other financial publications. Kirk currently lives in Pennsylvania (USA) with his beautiful wife and two daughters.

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  • You bet! I look for these chart patterns each day!

  • Dinesh

    Excellent ! A picture is worth thousand words. You have explained the patterns beautifully. Thanks for sharing.

  • Vincent Wong

    Thanks Kirk, this make a very nice cheat sheet just in case you forgot the pattern.

  • David

    Great work Kirk, most of the useful chart patterns easily plotted in one place. I also like that you included the breakout points too, easily understood. Regards, StockHim

  • rajiv

    thanks sir. can you please be more specific on Intra day patterns please.

    • Any of these chart patterns will also work on intra-day charts but of course their reliability will also be limited to shorter time frames.

      • rajiv

        Thank you sir.

  • I agree and I think that volume confirmations are always a plus in all chart patterns.

  • Yes, patterns are used on multiple timeframes.

  • tomenokr

    Kirk, what about “M for murder, W for winner? I see your #10 double top as M…. what about examples of a W?

    Also, my favorite pattern, that has no name (that I can find), is bullish, consolidation, bullish, consolidation, bullish…