Odd Lot · Pattern Library
Every pattern from the deck — what it looks like, what it signals, and how to read it. 32 candlestick patterns, 21 chart patterns, and 12 trade-plan strategies. Pull it up anytime.
Bearish Reversal Pattern
Three candles that signal a reversal from an upward trend to a downward trend. The first is a small bullish (green) candle. The second is a larger bearish (red) candle that opens above the first's close and closes below it, engulfing it. The third closes lower still, confirming the reversal.
Bearish Reversal Pattern
Three candles signaling a turn from up to down. The first is a large bullish candle. The second is a smaller bearish candle held within the first's body (a harami). The third closes below the second, confirming the reversal.
Bearish Reversal Pattern
Three consecutive long bearish (red) candles, each opening within the previous body and closing lower with little lower shadow. The steady selling signals a reversal from an uptrend to a downtrend.
Bearish Reversal Pattern
A rare reversal from up to down. A bullish candle is followed by a gapped-up doji that stands alone, then a bearish candle that gaps down. The isolated doji marks indecision before sellers take over.
Bearish Reversal Pattern
Three candles ending an uptrend. A large bullish candle, then a gapped-up doji (the star) showing indecision, then a bearish candle that closes well into the first body, confirming the reversal.
Bearish Reversal Pattern
Three candles signaling a top. A large bullish candle, a small-bodied candle that gaps up (the star), then a bearish candle closing deep into the first body as momentum shifts down.
Bullish Reversal Pattern
Three candles that signal a reversal from a downward trend to an upward trend. The first is a small bearish candle. The second is a larger bullish candle that engulfs it. The third closes higher, confirming the reversal.
Bullish Reversal Pattern
Three candles reversing a downtrend. A large bearish candle, then a small bullish candle held within its body (a harami), then a bullish candle closing above the first, confirming the turn up.
Bullish Reversal Pattern
Three consecutive bullish (green) candles that signal a reversal from down to up. Each opens within or just below the prior body and closes higher, with little upper shadow, showing strong steady buying.
Bullish Reversal Pattern
A rare reversal from down to up. A bearish candle, then a gapped-down doji that stands alone, then a bullish candle that gaps up. The isolated doji marks the bottom before buyers step in.
Bullish Reversal Pattern
Three candles ending a downtrend. A large bearish candle, a gapped-down doji (the star) showing indecision, then a bullish candle closing well into the first body, a turn up.
Bullish Reversal Pattern
Three candles marking a bottom. A large bearish candle, a small-bodied candle gapping down (the star), then a bullish candle closing deep into the first body as momentum shifts up.
Bearish Reversal Pattern
Two candles that reach the same high. A bullish candle is followed by a bearish candle with a matching high, showing buyers were rejected at that level, a potential top.
Bearish Reversal Pattern
Two candles signaling a top. A bullish candle, then a bearish candle that opens above the prior high but closes below the midpoint of the first body, showing sellers taking control.
Bearish Reversal Pattern
Two candles reversing an uptrend. A large bullish (green) candle, then a small bearish (red) candle held inside its body, a possible shift in sentiment.
Bearish Reversal Pattern
Two candles signaling a top. A small bullish candle is completely engulfed by a larger bearish candle that opens higher and closes well below it, strong selling pressure.
Bearish Reversal Pattern
A sharp reversal. After a bullish candle, the next candle gaps down, opening below the prior open and falling, a sudden shift to selling with no overlap between the bodies.
Bullish Reversal Pattern
Two candles that reach the same low. A bearish candle is followed by a bullish candle with a matching low, showing sellers were rejected at that level, a potential bottom.
Bullish Reversal Pattern
Two candles signaling a bottom. A bearish candle, then a bullish candle that opens below the prior low but closes above the midpoint of the first body, buyers regaining control.
Bullish Reversal Pattern
Two candles reversing a downtrend. A large bearish (red) candle, then a small bullish (green) candle held inside its body, a possible shift toward buying.
Bullish Reversal Pattern
Two candles reversing a downtrend. A small bearish (red) candle is completely engulfed by a larger bullish (green) candle that closes well above it, strong upward momentum.
Bullish Reversal Pattern
A sharp reversal. After a bearish candle, the next candle gaps up, opening above the prior open and rallying, a sudden shift to buying with no overlap between the bodies.
Bearish Reversal Pattern
A small body with long upper and lower wicks, showing indecision. After an uptrend it warns that buyers are losing control and a reversal down may follow.
Bearish Reversal Pattern
Open and close sit near the low with a long upper wick. Buyers pushed up but were rejected back down, after an uptrend a bearish warning.
Bearish Reversal Pattern
A small body near the low with a long upper wick. After an uptrend it shows a failed push higher and a potential reversal down.
Bearish Reversal Pattern
A small body near the top with a long lower wick. After an uptrend it signals selling appeared intraday and a reversal down may follow.
Bullish Reversal Pattern
A small body with long wicks both ways, showing indecision. After a downtrend it hints sellers are losing control and a turn up may follow.
Bullish Reversal Pattern
Open and close sit near the high with a long lower wick. Sellers pushed down but were rejected, after a downtrend a bullish signal.
Bullish Reversal Pattern
A small body near the low with a long upper wick, appearing after a downtrend. It shows buyers testing higher and hints at a reversal up.
Bullish Reversal Pattern
A small body near the top with a long lower wick, after a downtrend. The hammer can be green or red, but green is more bullish; buyers rejected lower prices. Rising volume the next day helps confirm.
Candle Basics
A single bearish candle: the close is below the open, drawn in red. The body is the open-to-close range and the wicks mark the high and low. It simply means price fell over the period.
Candle Basics
A single bullish candle: the close is above the open, drawn in green. The body is the open-to-close range and the wicks mark the high and low. It simply means price rose over the period.
Bullish Continuation Pattern
A rounded cup formation followed by a smaller handle that dips slightly, resembling a tea cup. The cup is a period of consolidation and a rally back toward the prior high; the handle forms on a small pullback with reduced volume. A breakout from the handle's upper edge, especially on rising volume, signals the uptrend continuing.
Bearish Continuation Pattern
The bearish counterpart to the cup and handle, signaling a downtrend continuing. It forms an upside-down cup (a rounded top) followed by a handle that slopes up slightly. The recovery fails at resistance, and a breakdown below the handle's low signals the downtrend resuming.
Bullish Continuation Pattern
Price rises, then consolidates into a triangle with a flat top (resistance) and a rising bottom (support). Once price breaks the upper resistance line, it is likely to continue rising, as shown by the green arrow.
Bearish Continuation Pattern
Price declines, then consolidates into a triangle with a flat bottom (support) and a falling top (resistance). Once the lower support line breaks, price is likely to continue falling, as shown by the red arrow.
Continuation or Reversal Pattern
Converging trendlines where the highs slope down and the lows slope up toward a point, a period of consolidation with balanced supply and demand. The breakout direction is what matters: an upward breakout tends to continue an uptrend, a downward breakout a downtrend.
Bullish Continuation Pattern
Diverging trendlines, where both support and resistance slope outward, with successively higher highs and lower lows and increasing volatility. There is no clear direction until a breakout. Within an uptrend, an upward breakout suggests the trend continuing.
Bearish Continuation Pattern
Diverging trendlines that slope outward, showing increasing volatility with progressively lower lows and higher highs. Commonly a continuation in a downtrend: a downward breakout reaffirms the bearish trend, while a less common upward breakout could hint at a reversal.
Bullish Continuation Pattern
Signals an uptrend continuing. Price rises sharply (the flagpole), then consolidates into a small flag that drifts down. Once the upper resistance line breaks, price is likely to continue rising, as shown by the green arrow.
Bearish Continuation Pattern
Signals a downtrend continuing. Price drops sharply (the flagpole), then consolidates into a small flag that drifts up. Once the lower support line breaks, price is likely to continue falling, as shown by the red arrow.
Bullish Continuation Pattern
Signals an uptrend continuing. Price rises sharply (the flagpole), then consolidates into a small pennant. Once the upper resistance line breaks, price is likely to continue rising, as shown by the green arrow.
Bearish Continuation Pattern
Signals a downtrend continuing. Price drops sharply (the flagpole), then consolidates into a small pennant. Once the lower support line breaks, price is likely to continue falling, as shown by the red arrow.
Bearish Reversal Pattern
A topping pattern that signals the end of a price rally. It forms three peaks: a higher middle peak (the head) flanked by two lower peaks (the shoulders). Once the third peak forms and price breaks the neckline, it is likely to continue falling.
Bullish Reversal Pattern
The inverse of head and shoulders. It begins in a downtrend and finds support in three troughs (the middle one lowest). Once price breaks the resistance at the neckline, it is likely to continue rising, as shown by the green arrow.
Bullish Continuation Pattern
A bullish continuation that begins wide at the top and contracts as price moves lower, with converging trendlines on lower highs and lower lows during a brief pullback in an uptrend. A breakout above the upper trendline suggests the uptrend resuming.
Bullish Reversal Pattern
A bullish reversal that begins wide at the top and contracts as price moves lower, with converging trendlines, typically seen in a downtrend. A breakout above the upper trendline signals a potential turn up as buyers gain strength.
Bearish Reversal Pattern
A bearish reversal that forms during an uptrend, where new highs and lows create a narrowing wedge toward an apex. When price breaks below the lower support line, a downward move is expected, as shown by the red arrow.
Bearish Continuation Pattern
A bearish continuation. Price declines, then consolidates into a narrowing rising wedge. Once the lower support line breaks, price is likely to continue falling, as shown by the red arrow.
Bullish Reversal Pattern
Forms a W shape when a downtrend rebounds off a support level. The support is confirmed after a second bounce. When price pushes back through the midpoint resistance, it is likely to continue rising, as shown by the green arrow.
Bearish Reversal Pattern
Indicates the end of a price rally. Shaped like an M, it forms when price reaches a high twice but fails to break higher. Once price drops back through the prior support, it is likely to continue falling, as shown by the red arrow.
Bullish Reversal Pattern
Marks the end of a downtrend. It forms when price hits a support line and fails to break through three times. Once the upper resistance is breached, price is likely to rise, as shown by the green arrow.
Bearish Reversal Pattern
Occurs when an uptrend meets strong resistance, making three peaks. Price has failed to break a key level three times. When price drops back below support, it is likely to continue falling, as shown by the red arrow.
Bullish Continuation Pattern
The trade plan on a bullish ascending triangle. Enter (B) on the breakout above the flat resistance, set the stop (A) just below the entry, and aim for the target (C) above as the uptrend continues.
Bullish Continuation Pattern
The trade plan on a falling wedge within an uptrend. Enter (B) on the breakout above the upper trendline, stop (A) just below, target (C) above as the uptrend resumes.
Bullish Continuation Pattern
The trade plan on a bullish pennant. Enter (B) on the breakout above the pennant, stop (A) just below the entry, target (C) up the length of the flagpole.
Bullish Reversal Pattern
The trade plan on a falling wedge in a downtrend (a bullish reversal). Enter (B) on the breakout above the upper trendline, stop (A) just below, target (C) above as price turns up.
Bullish Reversal Pattern
The trade plan on an inverted head and shoulders. Enter (B) on the break above the neckline, stop (A) just below the entry, target (C) above, measured from the head.
Bullish Reversal Pattern
The trade plan on a double bottom. Enter (B) on the break above the midpoint resistance, stop (A) just below the entry, target (C) above as the reversal plays out.
Bearish Continuation Pattern
The trade plan on a bearish descending triangle. Enter short (B) on the breakdown below the flat support, stop (A) just above the entry, target (C) below as the downtrend continues.
Bearish Continuation Pattern
The trade plan on a rising wedge within a downtrend. Enter short (B) on the breakdown below support, stop (A) just above, target (C) below as the downtrend resumes.
Bearish Continuation Pattern
The trade plan on a bearish pennant. Enter short (B) on the breakdown below the pennant, stop (A) just above the entry, target (C) down the length of the flagpole.
Bearish Reversal Pattern
The trade plan on a rising wedge in an uptrend (a bearish reversal). Enter short (B) on the breakdown below support, stop (A) just above, target (C) below as price turns down.
Bearish Reversal Pattern
The trade plan on a head and shoulders. Enter short (B) on the break below the neckline, stop (A) just above the entry, target (C) below, measured from the head.
Bearish Reversal Pattern
The trade plan on a double top. Enter short (B) on the break below the prior support, stop (A) just above the entry, target (C) below as the reversal plays out.
Bullish — a market condition where prices are rising.
Bearish — a market condition where prices are declining.
Reversal — a change in direction, from an uptrend to a downtrend or vice versa.
Continuation — a pause that suggests the current trend is likely to persist.
Uptrend — a trend of rising prices and higher highs and lows.
Downtrend — a trend of falling prices and lower highs and lows.
On the strategy cards: A is the stop, B is the entry, C is the target. Education only — not trade advice.
