Chart Patterns Cheat Sheet: 30+ Setups With Entry, Stop, and Target Rules
Most chart pattern cheat sheets are wall art. They show you a shape and a green arrow, and then leave you staring at a live chart with no idea where the trade actually starts or where you are wrong. This one is built the other way around: every pattern below comes with the signal it gives, the trigger that puts you in, the level that invalidates it, and the measured move that sets your target.
Key Takeaways
- A pattern is only tradable once you can state its entry trigger, its invalidation level, and its measured target. If you cannot name all three, you are looking at a picture, not a setup.
- Volume, trend context, and timeframe decide whether a textbook shape is worth risking money on. The same head and shoulders means very different things on a 5-minute chart in a strong uptrend and on a daily chart after a two-year run.
- No pattern has a fixed win rate. Published statistics were measured on markets, timeframes, and entry rules that are probably not yours, so the only numbers worth acting on are the ones from your own logged trades.
Find out which of these actually work for you
Financial Tech Wiz Trading Journal
A cheat sheet tells you what a pattern is supposed to do. Your own trade history tells you what it did for you: win rate and P/L broken down by symbol, hold duration, day of week, and asset type. Log every pattern trade with a note on the setup, and a few weeks of records will tell you more than any published statistic.
How to Read This Cheat Sheet
Every table below uses the same five columns, and each one answers a question you have to answer before you can place an order.
- Pattern: the name you will see in scanners, on trading desks, and in the rest of the complete chart patterns guide.
- Signal: what the structure implies about the next move, bullish, bearish, or continuation of whatever came before.
- Entry trigger: the specific event that starts the trade. In almost every case it is a close beyond a level, not a touch of it. Trading the touch is how traders get picked off by wicks.
- Stop placement: the level that says the idea is wrong. This is the column most cheat sheets skip, and it is the only one that controls your losses.
- Measured target: the projection the pattern’s own geometry gives you. Treat it as a first target, not a promise.
Two notes before the tables. First, every entry assumes a close on your trading timeframe, not an intrabar spike. Second, every measured target assumes you have already checked the three filters in the section further down; a pattern that fails those filters is not worth trading no matter how clean it looks.
Reversal Patterns Cheat Sheet
Reversal patterns mark the point where the prevailing trend runs out of participants. They only mean anything when there is an established trend to reverse, which is why a double bottom inside a six-month range is noise and the same shape after a long decline is a setup.
| Pattern | Signal | Entry trigger | Stop placement | Measured target |
|---|---|---|---|---|
| Head and shoulders | Bearish reversal | Close below the neckline | Above the right shoulder high | Head to neckline distance projected down from the break |
| Inverse head and shoulders | Bullish reversal | Close above the neckline | Below the right shoulder low | Head to neckline distance projected up from the break |
| Double top | Bearish reversal | Close below the middle trough | Above the second peak | Peak to trough height projected down |
| Double bottom | Bullish reversal | Close above the middle peak | Below the second trough | Trough to peak height projected up |
| Triple top | Bearish reversal | Close below the shared support line | Above the highest of the three peaks | Pattern height projected down from support |
| Triple bottom | Bullish reversal | Close above the shared resistance line | Below the lowest of the three troughs | Pattern height projected up from resistance |
| Rounding bottom (saucer) | Bullish reversal | Close above the rim of the saucer | Below the curve’s lowest point | Depth of the bowl projected up from the rim |
| Rounding top | Bearish reversal | Close below the rim | Above the curve’s highest point | Depth of the dome projected down from the rim |
| Cup and handle | Bullish continuation or reversal | Close above the handle’s high | Below the handle’s low | Cup depth projected up from the breakout |
| Inverse cup and handle | Bearish | Close below the handle’s low | Above the handle’s high | Cup depth projected down from the breakdown |
| Rising wedge | Bearish reversal | Close below the lower rising trendline | Above the most recent swing high inside the wedge | Height of the wedge at its widest projected down |
| Falling wedge | Bullish reversal | Close above the upper falling trendline | Below the most recent swing low inside the wedge | Height of the wedge at its widest projected up |
Three of these have full breakdowns on the site if you want the annotated version: the head and shoulders pattern, the double bottom pattern, and the cup and handle pattern. The bearish twin is covered separately in the inverse cup and handle guide.
Continuation Patterns Cheat Sheet
Continuation patterns are pauses. Price has already moved, buyers and sellers rebalance for a while, and then the original move resumes. They are usually the higher probability group precisely because you are trading with the existing trend instead of calling a turn.
| Pattern | Signal | Entry trigger | Stop placement | Measured target |
|---|---|---|---|---|
| Bull flag | Bullish continuation | Close above the flag’s upper channel line | Below the flag’s lowest candle | Length of the flagpole projected up from the break |
| Bear flag | Bearish continuation | Close below the flag’s lower channel line | Above the flag’s highest candle | Length of the flagpole projected down from the break |
| Bullish pennant | Bullish continuation | Close above the pennant’s upper converging line | Below the pennant’s apex low | Flagpole length projected up |
| Bearish pennant | Bearish continuation | Close below the pennant’s lower converging line | Above the pennant’s apex high | Flagpole length projected down |
| Ascending triangle | Bullish continuation | Close above the flat resistance line | Below the last higher low inside the triangle | Widest part of the triangle projected up |
| Descending triangle | Bearish continuation | Close below the flat support line | Above the last lower high inside the triangle | Widest part of the triangle projected down |
| Symmetrical triangle | Continuation of the prior trend | Close beyond either converging line | Just past the opposite converging line | Widest part of the triangle projected in the breakout direction |
| Rectangle (trading range) | Continuation of the prior trend | Close beyond the range boundary | Back inside the range, past the midpoint | Range height projected in the breakout direction |
| Volatility contraction pattern (VCP) | Bullish continuation | Close above the pivot of the final tight contraction | Below the low of that final contraction | No fixed projection; manage with a trailing stop against the prior base |
| Order block | Continuation from institutional supply or demand | Reaction candle closing back out of the block in the trend direction | Beyond the far edge of the block | Next opposing liquidity level or prior swing extreme |
| Fair value gap | Continuation after an imbalance fills | Rejection close at the gap edge in the trend direction | Beyond the far edge of the gap | Prior swing extreme in the trend direction |
Triangles cause more confusion than any other group on this page, so there is a dedicated triangle chart pattern guide plus separate walkthroughs of the ascending triangle and the descending triangle. For the two modern structures at the bottom of the table, see the volatility contraction pattern and fair value gap breakdowns.
Candlestick Patterns Cheat Sheet
Candlestick patterns are single-bar or few-bar events rather than multi-week structures. They are timing tools, not standalone trades. A hammer at a level you already care about is a signal. A hammer in the middle of nowhere is a candle.
| Pattern | Signal | Entry trigger | Stop placement | Measured target |
|---|---|---|---|---|
| Hammer | Bullish reversal at support | Close above the hammer’s high | Below the hammer’s low | Next resistance level or prior swing high |
| Inverted hammer | Bullish reversal after a decline | Close above the candle’s high on the next bar | Below the candle’s low | Next resistance level |
| Hanging man | Bearish reversal at resistance | Close below the candle’s low | Above the candle’s high | Next support level |
| Shooting star | Bearish reversal after an advance | Close below the candle’s low | Above the upper wick | Next support level |
| Bullish engulfing | Bullish reversal | Close above the engulfing candle’s high | Below the engulfing candle’s low | Prior swing high |
| Bearish engulfing | Bearish reversal | Close below the engulfing candle’s low | Above the engulfing candle’s high | Prior swing low |
| Morning star | Bullish reversal, three bars | Close above the third candle’s high | Below the middle candle’s low | Prior swing high |
| Evening star | Bearish reversal, three bars | Close below the third candle’s low | Above the middle candle’s high | Prior swing low |
| Doji | Indecision, potential turn at extremes | Close beyond the doji’s range | Opposite side of the doji’s range | Nearest level in the breakout direction |
| Dragonfly doji | Bullish rejection of lower prices | Close above the doji’s high | Below the long lower wick | Next resistance level |
| Gravestone doji | Bearish rejection of higher prices | Close below the doji’s low | Above the long upper wick | Next support level |
| Three white soldiers | Bullish continuation or reversal | Close above the third candle’s high | Below the first candle’s low | Next major resistance |
| Three black crows | Bearish continuation or reversal | Close below the third candle’s low | Above the first candle’s high | Next major support |
The doji family alone has enough variations to justify its own reference, which is why there is a separate guide to the types of doji candles. For the two most common single candles, see the bullish hammer candle and the bearish engulfing pattern, and for the three-bar version there is a full morning star pattern walkthrough.
Print or Save This Cheat Sheet
The tables above are formatted to print cleanly on standard paper with no signup, no email, and no download wall. Use the button to print the reference directly, or choose “Save as PDF” in the print dialog to keep a copy on your desktop next to your platform.
Free companion sheet
Free Trading Journal Template
Print the patterns, then log the trades. The free Google Sheets template gives you a place to record the setup on every entry: write the pattern name alongside the trade, and after a month of records you can see which rows on this page are worth your capital.
How to Use the Cheat Sheet on a Live Chart
Reading a pattern in a table and finding one in real time are different skills. The workflow below is the one I use, and it takes about a minute per chart once it becomes habit.
- Zoom out first. Open the chart on TradingView or your platform of choice and look at the daily before the intraday. A pattern you can only see on one timeframe usually is not there.
- Name the trend. Write down whether price is making higher highs, lower lows, or neither. This single step eliminates most bad pattern trades, because it tells you whether you are looking at a continuation setup or trying to catch a turn.
- Draw the two lines that define the structure. Neckline and shoulder line, the two converging trendlines, the flat side of the triangle. If you cannot draw them cleanly, the pattern is not clean.
- Mark the trigger, the stop, and the target before you do anything else. Put all three on the chart. If the distance from entry to stop is larger than the distance from entry to target, you have found a pattern, not a trade.
- Set an alert at the trigger level and walk away. Watching a pattern form is how traders talk themselves into early entries.
If you would rather have the platform flag structures for you than draw them by hand, the roundup of the best TradingView indicators covers the pattern-detection tools worth adding to a chart and the ones that just add noise.
The Three Filters That Decide Whether a Pattern Is Worth Trading
Volume
Almost every pattern on this page carries the same volume expectation: contraction while the structure forms, expansion on the break. A bull flag that drifts sideways on falling volume and then breaks out on a surge is doing what it is supposed to do. A breakout on volume lighter than the consolidation is the single most common failure signature, and it shows up long before price tells you anything.
Trend context
Continuation patterns need a trend to continue. Reversal patterns need a trend to reverse. Both are meaningless inside a long sideways range, which is where most of the ambiguous shapes you see actually live. Before you name a pattern, name what came before it. If the answer is “chop,” skip the chart.
Timeframe
The same structure carries very different weight depending on how long it took to build. A head and shoulders that formed over four months represents months of accumulated positioning, and its measured move deserves respect. The same shape on a 5-minute chart represents about ninety minutes of order flow and will be invalidated by a single news headline. Size your expectations to the timeframe that built the pattern, not the timeframe you like to trade.
Where Cheat Sheets Fail Traders
I have used versions of this reference for years, and the failure modes are always the same three.
The first is pattern hunting. Once you have three dozen shapes memorized, you will find all of them, including on charts where nothing is happening. The fix is a rule that a pattern only counts if you can draw its defining lines in under fifteen seconds. Structures that need squinting are structures you invented.
The second is treating the measured target as a forecast. The projection is geometry, not prophecy. Plenty of clean breakouts stall at half the measured move and plenty run double. Use the target to size the trade and to decide whether the risk is worth taking, then manage the position with a stop rather than a price prediction.
The third is the one that costs the most: assuming published win rates apply to you. Pattern statistics you find online were measured on a specific market, a specific timeframe, and a specific set of entry rules that almost certainly are not yours. Over my years of trading the only numbers that ever changed how I trade came out of my own records. Tag the pattern name on every trade you take, give it thirty or forty trades, and the cheat sheet stops being a list of shapes and starts being a short list of the setups your own records actually support.
That is also the honest case for the two links above. The Financial Tech Wiz Trading Journal runs the analytics for you across every position, with win rate and P/L broken down by symbol and hold duration, and the free spreadsheet does a lighter version of the same job if you would rather start there. Either way, the pattern list is the hypothesis and your trade log is the test.
FAQ
Is there a chart patterns cheat sheet PDF I can download?
Yes, without giving up an email address. Use the print button above and choose “Save as PDF” as the destination in your print dialog. The page strips its navigation, sidebar, and forms when printed, so what you get is the tables on their own, formatted to stay readable on paper.
What is the most reliable chart pattern?
There is no universal answer, and any source that gives you one is quoting a study run on a market and timeframe that may have nothing to do with yours. As a rule of thumb, traders tend to find continuation patterns like flags and ascending triangles easier to trade than reversal patterns, because they go with the existing trend instead of against it. That is a rule of thumb, not a measured edge. The reliable answer for your account comes from your own tagged trade history.
Do chart patterns work on every timeframe?
The shapes appear on every timeframe, but their reliability and their measured moves scale with the time it took to build them. Daily and weekly patterns represent far more positioning than intraday ones and tend to hold better. If you trade intraday, expect more failed breakouts and size the stop accordingly rather than assuming the daily-chart statistics carry over.
Are candlestick patterns the same as chart patterns?
They are related but different. Chart patterns are multi-bar structures built over days, weeks, or months, like a head and shoulders or a triangle. Candlestick patterns are one to three bar events that describe what happened inside a short window. The practical difference is that chart patterns give you a measured target from their own geometry while candlesticks mostly give you timing, which is why the candlestick table above uses the next level rather than a projection.
How many chart patterns do I actually need to know?
Far fewer than are on this page. A short list of setups you know cold is generally easier to execute consistently than a long one, and this sheet exists so you can recognize what you are looking at and rule things out quickly, not so you can trade all of them. Start with one continuation pattern and one reversal pattern, trade only those for a few months, and add a third only once the first two are producing records you can point to.
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