Miscellaneous

What are the most profitable chart patterns?

by Clay Mcdonald

What are the most profitable chart patterns?

The 3 Most Common and Profitable Chart Patterns

  • Cups: Cup-with-Handle and Cup-without-Handle.
  • Double Bottom.
  • Flat Base.

Which chart pattern is best for trading?

Best chart patterns

  • Head and shoulders.
  • Double top.
  • Double bottom.
  • Rounding bottom.
  • Cup and handle.
  • Wedges.
  • Pennant or flags.
  • Ascending triangle.

Who created chart patterns?

THOMAS BULKOWSKI
THOMAS BULKOWSKI is a successful investor with more than thirty years of experience trading stocks. He is also the author of Encyclopedia of Candlestick Charts and Encyclopedia of Chart Patterns.

What is the best chart pattern?

Triangles. Triangles are among the most popular chart patterns used in technical analysis since they occur frequently compared to other patterns. The three most common types of triangles are symmetrical triangles, ascending triangles, and descending triangles.

Is there a pattern to stocks?

Stock trading chart patterns guide. Trading chart patterns often form shapes, which can help predetermine price action​, such as stock breakouts​ and reversals. Recognising chart patterns will help you gain a competitive advantage in the market, and using them will increase the value of your future technical analyses.

What are the two main types of patterns?

Pattern Types There are two basic types of patterns: continuation and reversal.

What is the most bullish chart pattern?

2. Ascending Triangle. An ascending triangle is a bullish continuation pattern and one of three triangle patterns used in technical analysis. The trading setup is usually found in an uptrend, formed when a stock makes higher lows, and meets resistance at the same price level.

What is the strongest bullish candlestick pattern?

We will focus on five bullish candlestick patterns that give the strongest reversal signal.

  1. The Hammer or the Inverted Hammer. Image by Julie Bang © Investopedia 2021.
  2. The Bullish Engulfing. Image by Julie Bang © Investopedia 2020.
  3. The Piercing Line.
  4. The Morning Star.
  5. The Three White Soldiers.

Is the book Getting Started in chart patterns by Thomas Bulkowski?

It’s a great book but the author leaves you hanging for more information that can only be found on his other books by same publisher. Often on the chapters, he mentions, you can do this and that, but the full list of x y z is on another book that he has written or via same publisher.

Who is Thomas Bulkowski and what does he do?

Thomas Bulkowski is an internationally known author and trader with 35+ years of market experience and regarded as a leading expert on chart patterns. Clicking any of his books (below) takes you to Amazon.com. If you buy ANYTHING while there, they pay for the referral, and that helps support this FREE website.

Are there any chart patterns after the buy?

Chart Patterns: After the Buy is your solution to making more informed trades by taking chart analysis one step further. Known the world over as a leading authority on chart patterns, Thomas Bulkowski takes you beyond buy triggers to examine price reactions in twenty of the most common chart patterns.

Who is the author of trading classic chart patterns?

THOMAS N. BULKOWSKI is a successful investor with twenty-five years of experience trading stocks. He is also the author of Trading Classic Chart Patterns (Wiley), and contributing writer to Active Trader; Stocks, Futures & Options; Technical Analysis of Stocks & Commodities; and other magazines.