Technical Analysis Chart Patterns Pdf Link

| Pattern | Direction | Entry | Target | | :--- | :--- | :--- | :--- | | | Sharp up move (pole) → slight downward channel (flag). | Break above flag's upper line. | Length of the pole. | | Bear Flag | Sharp down move (pole) → slight upward channel (flag). | Break below flag's lower line. | Length of the pole. | | Pennant | Sharp move → symmetrical triangle (small). | Break in direction of prior trend. | Prior move's length. | | Ascending Triangle | Flat top resistance + rising support (bullish). | Break above flat top. | Height of triangle's back. | | Symmetrical Triangle | Converging highs & lows (neutral – break decides). | Break either direction (prefer trend). | Height of triangle at widest. |

Reversal patterns signal that the current trend is exhausting and a change in direction is likely. www.ig.com Top 10 Chart Patterns Every Trader Needs to Know - IG technical analysis chart patterns pdf