Thanks to visit codestin.com
Credit goes to www.scribd.com

Scribd
Upload
26 views3 pages

Trading Patterns Cheat Sheet

The document provides a cheat sheet for trading patterns, detailing key candlestick patterns such as Bullish Engulfing and Bearish Engulfing, as well as chart patterns like Double Top and Double Bottom. Each pattern includes a brief description and signals for potential market reversals or continuations. Overall, it serves as a quick reference for traders to identify and interpret various trading signals.

Uploaded by

raheeturjo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
26 views3 pages

Trading Patterns Cheat Sheet

The document provides a cheat sheet for trading patterns, detailing key candlestick patterns such as Bullish Engulfing and Bearish Engulfing, as well as chart patterns like Double Top and Double Bottom. Each pattern includes a brief description and signals for potential market reversals or continuations. Overall, it serves as a quick reference for traders to identify and interpret various trading signals.

Uploaded by

raheeturjo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

Trading Patterns Cheat Sheet

Top Candlestick Patterns

1. Bullish Engulfing:

- Large green candle fully engulfs previous red candle.

- Signals a strong potential reversal to the upside.

2. Bearish Engulfing:

- Large red candle fully engulfs previous green candle.

- Indicates a potential bearish reversal.

3. Hammer:

- Small body, long lower wick.

- Found at the bottom of downtrends. Bullish signal.

4. Shooting Star:

- Small body, long upper wick.

- Appears at the top of uptrends. Bearish signal.

5. Doji:

- Open and close prices are nearly equal.

- Signals indecision and potential reversal.

6. Morning Star:

- 3-candle pattern: bearish -> doji/small -> strong bullish.


Trading Patterns Cheat Sheet

- Signals bullish reversal.

7. Evening Star:

- 3-candle pattern: bullish -> doji/small -> strong bearish.

- Signals bearish reversal.

Top Chart Patterns

1. Double Top:

- Price forms two peaks at same level.

- Bearish reversal pattern.

2. Double Bottom:

- Price forms two lows at same level.

- Bullish reversal pattern.

3. Head and Shoulders:

- Three peaks, middle (head) is highest.

- Bearish reversal pattern.

4. Inverse Head and Shoulders:

- Three troughs, middle is lowest.

- Bullish reversal pattern.


Trading Patterns Cheat Sheet

5. Flags and Pennants:

- Continuation patterns after a strong trend.

- Trade breakout in the direction of trend.

6. Triangles (Ascending, Descending, Symmetrical):

- Price compresses into a triangle.

- Breakout direction signals future move.

You might also like