RELIABILITY RANKING OF CHART PATTERNS
RELIABILITY RANKING OF CHART PATTERNS ★★★ High Reliability (65 – 85%) Bull/Bear Flags (CONTINUATION) Pennants (CONTINUATION) Head & Shoulders & Inverse (REVERSAL) Cup & Handle (REVERSAL) Falling Wedge (CONTRACTING) Rising Wedge (bearish) (CONTRACTING) Double Bottom / Top (REVERSAL) ★★ Medium (55 – 65%) Triangles (CONTRACTING) Channels (PARALLEL) Symmetrical Triangles (CONTRACTING) Broadening Bottom (EXPANDING) Rounding patterns (REVERSAL) ★ Low-Medium (45 – 55%) Megaphone Tops (EXPANDING) Unclear broadening structures (EXPANDING)