One Chart to Master 24 Classic Candlestick Patterns and Buy/Sell Signals

I. Buy Signals (Bullish Patterns)

1. Flag: Consolidation followed by an upward breakout, continuing the original uptrend, can buy.

2. Triangular Flag: Short-term triangular consolidation followed by an upward breakout, a bullish signal.

3. Cup and Handle: After completing the rounded bottom and handle consolidation, a breakout above the handle high is a buy signal.

4. Ascending Triangle: Horizontal resistance at the top, gradually rising lows at the bottom, breakout above resistance is bullish.

5. Symmetrical Triangle: Price converges at the end, usually breaks upward, can follow.

6. Inverted Head and Shoulders: Formation of left shoulder, head, and right shoulder, a strong buy signal when breaking the neckline.

7. Rising Shell (Arc Bottom): Slow rising bottom, bullish upon breaking the neckline.

8. Rising Triple Bottom: Three sequentially higher lows, buy upon breaking the previous high.

II. Sell Signals (Bearish Patterns)

1. Flag: Consolidation followed by a downward breakdown, continuing the downtrend, should sell promptly.

2. Triangular Flag: Triangular consolidation followed by a downward breakout, a bearish signal.

3. Inverted Cup and Handle: Rounded top and handle consolidation completed, sell when breaking the handle low.

4. Descending Triangle: Horizontal support at the bottom, top gradually declining, bearish upon breaking support.

5. Symmetrical Triangle: Breaks downward, then a sell signal.

6. Measure Decline: Usually indicates weak rebounds and trend continuation downward, consider selling.

7. Descending Shell (Arc Top): Slow decline at the top, bearish upon breaking the neckline.

8. Descending Triple Peak: Three decreasing highs, sell when breaking the previous low.

III. Reversal Signals

1. Double Bottom (W Bottom): Price tests bottom twice and breaks the neckline, trend reverses upward, can buy.

2. Diamond Bottom: Rhombus-shaped consolidation at the bottom, trend turns bullish after breakout upward.

3. Rectangular Top: Range-bound oscillation followed by a breakdown below the lower boundary, top formation, should sell.

4. Head and Shoulders Top: Left shoulder, head, and right shoulder formed sequentially, a strong bearish signal when breaking the neckline.

5. Double Top (M Top): Price peaks twice and falls back, trend reverses downward upon breaking the neckline.

6. Diamond Top: Rhombus-shaped consolidation at the top, trend turns downward after breakdown.

7. Rectangular Bottom: Range-bound consolidation followed by an upward breakout above the upper boundary, confirmed bottom, can buy.

8. Head and Shoulders Bottom: Similar to "Inverted Head and Shoulders," a breakout above the neckline indicates a bottom reversal and bullish signal.