Bullish Symmetrical Triangle, Bearish Symmetrical, Cup-Handle, & Inverted Cup-Handle Pattern – Stock Patterns

In this section, we are going to learn about the Bullish Symmertrical Triangle, Bearish Symmertrical, Cup and Handle, and Inverted Cup and Handle Pattern.

Bullish Symmetrical Triangle Pattern

Bullish Symmetrical Triangle Pattern

A bullish symmetrical triangle is a pattern on the chart that suggests the continuation of an upward trend. It forms when two trend lines converge symmetrically towards a horizontal line. The upper trend line acts as resistance, indicating a level where the price struggles to move higher. We confirm the breakout when the price moves above this resistance line and starts going up.

Bearish Symmetrical Triangle Pattern

Bearish Symmetrical Triangle Pattern

A bearish symmetrical triangle is a pattern on a chart indicating a continuation of a downward trend. It’s formed by two converging trend lines that meet at a horizontal line. The lower trend line acts as support, suggesting a level where the price finds it hard to drop below. We confirm the breakout when the price falls below this support line and starts moving downward.

Cup and Handle Pattern

Cup and Handle Pattern

A cup and handle is a pattern that looks like a teacup followed by a downward movement resembling a handle. This handle is seen as a buying opportunity for the stock. We confirm the breakout when the price moves above a certain level called the neckline or resistance, indicating a potential upward movement.

Inverted Cup and Handle Pattern

Inverted Cup and Handle Pattern

The inverted cup and handle pattern forms an upside-down cup and handle. The pattern is formed after a pullback from a swing low before a sell-off to the prior swing low and stalls due to underlying support. The stock then stalls much like a bear flag with slight upward pressure before breaking down below support.

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