Cup with Handle

The cup part of the pattern resembles a rounding bottom in the shape of a U. It is followed by a handle that has a slight downward slant and acts as a final consolidation before a breakout.

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A continuation chart pattern formed when there is a large movement in a security, followed by a consolidation period with converging trendlines, which forms the pennant.


A popular and reliable continuation chart pattern. The flag resembles a parallelogram, or rectangle that slopes against the prevailing trend. The flag represents a minor consolidation or pause in a price trend that takes place before the prior trend resumes. See also: Pennant

Ascending Triangle

The ascending triangle is a bullish chart pattern. The triangle is formed by two converging trendlines, where the lower line is rising and the upper line is flat. The price breaking through the horizontal resistance level depicted by the flat trendline is considered a buy signal.

Double Top

A technical analysis term for a chart pattern displaying two prominent peaks, where price has risen to the same price level twice. This price level is considered to constitute resistance. The opposite of double bottom.

Double Bottom

The Double Bottom is a reveral chart pattern that occurs when, during a downtrend, the market makes two lows at the same level. The first trough marks the low of the prior downtrend. This low is followed by an advance of typically 10-20%. The price then retraces back to the low where it finds support …

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