How to use these pictures
Every chart uses made-up prices. These are shape examples, not real tickers, live signals, or proof that the scanner's full checks pass. The pictures show what happened in the example, not what must happen next.
A candle shows the open, high, low, and close of one period. The other charts join selected turning points to make the structure clear. Support is a lower boundary that price tests. Resistance is an upper boundary that price tests.
There are 17 pattern types, not 20. Range boxes can break in either direction. The moving-average types each have MA100 and MA200 examples. These extra pictures do not add new pattern types.
Hammer vs shooting star
Compare one-candle shapes. A hammer rejects lower prices after selling. A shooting star rejects higher prices after buying.
Hammer
Hollow body: close above open.
Filled body: close below open.
The shaded strip marks the last candle.
- The long lower wick shows the move down and the recovery within one period.
- The small body is near the top of the last candle. The example low is 90.
- Open
- 100
- High
- 102
- Low
- 90
- Close
- 101
Made-up prices. Shape example only, not a detected signal.
Shooting star
Hollow body: close above open.
Filled body: close below open.
The shaded strip marks the last candle.
- The long upper wick shows a rise that did not hold during that period.
- The small body is near the bottom of the last candle. The example high is 112.
- Open
- 100
- High
- 112
- Low
- 98
- Close
- 99
Made-up prices. Shape example only, not a detected signal.
Bullish vs bearish engulfing
Compare two-candle shapes. The second body covers the first body. The earlier trend and the direction of the second candle change the meaning.
Bullish engulfing
Hollow body: close above open.
Filled body: close below open.
The shaded strip marks the last candle.
- Previous body: 100–104. Final body: 99–106. The final body covers the previous body.
- An upward candle closes above its open. It does not prove the next period will rise.
- Final open
- 99
- Final high
- 107
- Final low
- 98
- Final close
- 106
Made-up prices. Shape example only, not a detected signal.
Bearish engulfing
Hollow body: close above open.
Filled body: close below open.
The shaded strip marks the last candle.
- Previous body: 100–104. Final body: 98–105. Compare the bodies, not just the colours.
- The example high is 106. A later move above it would weaken this bearish case.
- Final open
- 105
- Final high
- 106
- Final low
- 97
- Final close
- 98
Made-up prices. Shape example only, not a detected signal.
Double and triple tops vs bottoms
Compare two or three tests of a price area. Bottoms test support; tops test resistance. The moves between the tests must be clear.
Double bottom
- Example price
- Support 100
- Neckline 106
- The two low points make the W shape. The rebound between them sets the neckline.
- A move above 106 is the example break. The scanner still needs a valid, held confirmation.
- Two lows
- 100
- Neckline
- 106
- Later price
- 108
Made-up prices. Shape example only, not a detected signal.
Double top
- Example price
- Resistance 100
- Neckline 94
- The two high points make the M shape. The dip between them sets the neckline.
- A move below 94 is the example break. Two peaks alone do not confirm it.
- Two highs
- 100
- Neckline
- 94
- Later price
- 92
Made-up prices. Shape example only, not a detected signal.
Triple bottom
- Example price
- Support 100
- Break level 106
- Three separate tests reach the same support. There is a clear rebound between each pair.
- The third touch is not an automatic score bonus. Spacing and reaction size still matter.
- Three lows
- 100
- Rebound highs
- 106 / 105.5
- Later price
- 108
Made-up prices. Shape example only, not a detected signal.
Triple top
- Example price
- Resistance 100
- Break level 94
- Three separate tests reach the same resistance. The two pullbacks are similar in size.
- A price above the top boundary breaks the normal sell setup. A shallow wiggle is not a full third test.
- Three highs
- 100
- Pullback lows
- 94 / 94.5
- Later price
- 92
Made-up prices. Shape example only, not a detected signal.
Rising support vs falling resistance
Compare a rising line under price with a falling line above price. A test of a line is different from a confirmed move through it.
Rising support
- Example price
- Rising support
- The support line connects rising low points. It must not be drawn through intervening candle wicks.
- This picture shows a support test. A fresh held break below the line is a different, bearish event.
- Line at start
- 100
- Line at end
- 110
- Final test
- 110
Made-up prices. Shape example only, not a detected signal.
Falling resistance
- Example price
- Falling resistance
- The resistance line connects falling high points. A line crossed by earlier wicks is not clean resistance.
- This picture shows a resistance test. A fresh held break above the line is a different, bullish event.
- Line at start
- 100
- Line at end
- 90
- Final test
- 90
Made-up prices. Shape example only, not a detected signal.
Ascending vs descending channels
Compare two rising edges with two falling edges. A channel needs evidence for both sides, not just one well-drawn line.
Ascending channel
- Example price
- Lower edge: support
- Upper edge: resistance
- Both edges rise at the same rate. The gap between them stays at 8 price units.
- The last point tests the lower edge. A rising channel can also fail through a held break below it.
- Final lower edge
- 110
- Final upper edge
- 118
- Channel width
- 8
Made-up prices. Shape example only, not a detected signal.
Descending channel
- Example price
- Lower edge: support
- Upper edge: resistance
- Both edges fall at the same rate. Several separate tests help define each edge.
- The last point tests the upper edge. A held break above it is different from a rejection at it.
- Final lower edge
- 82
- Final upper edge
- 90
- Channel width
- 8
Made-up prices. Shape example only, not a detected signal.
Bull flags vs bear flags
Compare a short pause after a sharp rise with a short pause after a sharp fall. The earlier sharp move is part of the pattern.
Bull flag
- Example price
- Flag support
- Flag resistance
- The first sharp rise is the pole. The smaller pause is the flag, not a full long-term channel.
- The later move above the upper edge illustrates a breakout. A fall below the lower edge would break the bull-flag case.
- Pole start
- 100
- Pole high
- 120
- Pause low
- 112
- Later price
- 121
Made-up prices. Shape example only, not a detected signal.
Bear flag
- Example price
- Flag support
- Flag resistance
- The first sharp fall is the pole. The short rising pause is not itself evidence of a lasting recovery.
- The later move below the lower edge illustrates a breakdown. A rise above flag resistance would break the bearish case.
- Pole start
- 120
- Pole low
- 100
- Pause high
- 108
- Later price
- 99
Made-up prices. Shape example only, not a detected signal.
Moving-average support vs resistance
Compare price holding above or below MA100 and MA200. Each average is checked separately. Being near a line is not the same as reacting to it.
MA100 support
- Example price
- MA100 — schematic
- Price meets MA100 at 108. It then bounces above the average.
- The MA line is schematic. A real MA100 needs 100 full periods of prices, plus the scanner's required history.
- Average at test
- 108
- Later price
- 114
Made-up prices. Shape example only, not a detected signal.
MA100 resistance
- Example price
- MA100 — schematic
- Price meets MA100 at 112. It then turns down below the average.
- The MA line is schematic. A real MA100 needs 100 full periods of prices, plus the scanner's required history.
- Average at test
- 112
- Later price
- 106
Made-up prices. Shape example only, not a detected signal.
MA200 support
- Example price
- MA200 — schematic
- Price meets MA200 at 88. It then bounces above the average.
- The MA line is schematic. A real MA200 needs 200 full periods of prices, plus the scanner's required history.
- Average at test
- 88
- Later price
- 94
Made-up prices. Shape example only, not a detected signal.
MA200 resistance
- Example price
- MA200 — schematic
- Price meets MA200 at 92. It then turns down below the average.
- The MA line is schematic. A real MA200 needs 200 full periods of prices, plus the scanner's required history.
- Average at test
- 92
- Later price
- 86
Made-up prices. Shape example only, not a detected signal.
Range boxes: breakout vs breakdown
Compare a break above a flat range with a break below it. A box describes the boundaries; it does not predict which way price will leave.
Range box: breakout
- Example price
- Flat support 100
- Flat resistance 110
- The upper and lower edges stay flat. Each has several separate tests and reactions.
- The later move above 110 shows the breakout. A return inside the box would remove a break signal.
- Lower edge
- 100
- Upper edge
- 110
- Later price
- 113
Made-up prices. Shape example only, not a detected signal.
Range box: breakdown
- Example price
- Flat support 100
- Flat resistance 110
- The upper and lower edges stay flat. Each has several separate tests and reactions.
- The later move below 100 shows the breakdown. A return inside the box would remove a break signal.
- Lower edge
- 100
- Upper edge
- 110
- Later price
- 97
Made-up prices. Shape example only, not a detected signal.