Technical Analysis
33 topics — Candlestick patterns, chart formations and fundamental concepts. Each topic has a complete guide with visual schema, operational signals, common mistakes and market psychology.
Hammer
The Hammer is one of the most reliable and recognizable bullish reversal patterns in candlestick analysis.
Morning Star
The Morning Star is one of the most powerful and reliable bullish reversal patterns in Japanese candlestick analysis.
Bullish Engulfing
The Bullish Engulfing is a very popular and statistically reliable two-candle pattern.
Piercing Line
The Piercing Line is a two-candle bullish reversal pattern.
Three White Soldiers
The Three White Soldiers are a powerful bullish continuation or reversal pattern composed of three consecutive large bullish candles.
Inverted Hammer
The Inverted Hammer has the same shape as the Shooting Star but forms at the end of a downtrend instead of an uptrend.
Shooting Star
The Shooting Star is the opposite of the Inverted Hammer: same shape, opposite context.
Evening Star
The Evening Star is the exact opposite of the Morning Star and one of the most powerful three-candle bearish reversal patterns.
Bearish Engulfing
The Bearish Engulfing is the opposite of the Bullish Engulfing.
Dark Cloud Cover
The Dark Cloud Cover is the opposite pattern to the Piercing Line.
Three Black Crows
The Three Black Crows are the opposite of the Three White Soldiers: three consecutive large bearish candles, each with an open within the previous body and a close near the low.
Hanging Man
The Hanging Man has the exact same shape as the Hammer: small body at the top, long lower shadow, minimal upper shadow.
Doji
The Doji is a candle where open and close are practically identical, creating a tiny or non-existent body with shadows above and/or below.
Spinning Top
The Spinning Top is a candle with a small body (but not as tiny as a Doji) and similar-length upper and lower shadows.
Harami
The Harami (from Japanese 'pregnant') is a two-candle pattern where the second, smaller candle is completely contained within the body of the first, larger one.
Kicker Pattern
The Kicker Pattern is considered one of the most powerful and immediate reversal patterns in candlestick analysis.
Head and Shoulders
The Head and Shoulders is considered the most reliable bearish reversal formation in technical analysis.
Double Top
The Double Top is one of the most common and recognizable bearish reversal patterns.
Double Bottom
The Double Bottom is the opposite of the Double Top: two lows at the same support level separated by a peak.
Symmetrical Triangle
The Symmetrical Triangle is a consolidation pattern that forms when descending highs and ascending lows create two converging trendlines with similar slope.
Ascending Triangle
The Ascending Triangle is a bullish continuation pattern.
Flag
The Flag is one of the most reliable and frequent continuation patterns.
Wedge
The Wedge is similar to the Flag but with two converging trendlines (instead of parallel) inclined in the same direction.
Cup and Handle
The Cup and Handle is a bullish continuation pattern popularized by William O'Neil in his CAN SLIM system.
Descending Triangle
The Descending Triangle is the opposite of the Ascending Triangle: a bearish continuation pattern characterized by a flat (horizontal) support at the bottom and a resistance trendline with descending highs.
Rounding Bottom
The Rounding Bottom (also called 'saucer bottom') is a long-term bullish reversal pattern that forms on a weekly or monthly basis.
Broadening Formation
The Broadening Formation (megaphone pattern) is the opposite of triangles: instead of compressing, price progressively expands with ever-higher highs and ever-lower lows.
Support & Resistance
Support and resistance are the most fundamental concepts of technical analysis.
Trend & Trendline
The trend is the predominant direction of the market over time.
Fibonacci in Charts
Fibonacci Retracement applied to chart analysis is a tool to identify support/resistance zones during price corrections.
Volume Analysis
Volume represents the number of units traded in a given period and is the most important confirmation of every price movement.
Gap Analysis
A gap is an empty space on the chart between the close of one session and the open of the next, with no intermediate trades.
Price/Indicator Divergences
A divergence occurs when price and a momentum oscillator (RSI, MACD, Stochastic) move in opposite directions.