Top 10 Bullish Chart Patterns Every Trader Should Know 📈

1. Cup and Handle ☕️

Description: Price forms a “U” shape (the cup), followed by a small downward drift (the handle) before breaking out upward.

Indicates: Continuation of an uptrend.

2. Inverse Head and Shoulders ♻️

Description: A low (shoulder), a lower low (head), and a higher low (shoulder), followed by a breakout above the neckline.

Indicates: Reversal of a downtrend.

3. Double Bottom ⌛

Description: Two roughly equal lows separated by a peak; looks like a “W”.

Indicates: A reversal from a downtrend to an uptrend.

4. Ascending Triangle 🔺

Description: Horizontal resistance with higher lows forming a rising trendline.

Indicates: Continuation pattern that often breaks out upwards.

5. Bullish Flag 🚩

Description: Strong upward move (flagpole), followed by a small downward or sideways consolidation (flag).

Indicates: Continuation of a strong uptrend.

6. Bullish Pennant 🔻

Description: Sharp move up followed by converging trend lines forming a small symmetrical triangle.

Indicates: Continuation of an uptrend.

7. Falling Wedge 🧷

Description: Downward sloping converging trendlines with price compressing.

Indicates: A bullish reversal pattern after a downtrend.

8. Rounding Bottom 🍯

Description: Gradual U-shaped bottom formation.

Indicates: A slow reversal from bearish to bullish sentiment.

9. Triple Bottom ⚓

Description: Three equal lows followed by a breakout above resistance.

Indicates: A strong bullish reversal.

10. Breakaway Gap (Bullish) ✈️

Description: A price gap upward after consolidation or a base, often on high volume.

Indicates: A strong start of a new bullish trend.

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