Category: Chart Patterns

The cup and handle is one of the most well-known technical analysis chart patterns out there. While not intuitive from its name, this pattern signals the likelihood of a bullish move in the near future. First defined by William J. O’Neil, a stockbroker and founder of the financial newspaper Investor’s…

You may have heard of “breakouts” before in trading. It’s one of the more straightforward concepts once you see it. However, it’s something else to correctly identify the potential for a breakout, and react to a valid breakout in the moment. Traders who like to look for breakouts try to…

As an experienced trader, when you hear “Head and Shoulders”, the following pattern should immediately come to mind. Are you able to see the shape that gives this pattern its name? The Head and Shoulders pattern is one of the most powerful and highly regarded chart patterns in technical analysis.…

Support and Resistance are the most well-known and most popular tools in technical analysis. These terms refer to levels (or prices) where market participants have shown an extraordinary amount of interest. By understanding that buyers or sellers are much more interested in a certain price, it gives technical traders a…