Technical Analysis & Chart Patterns

A chart element showing a period's open, high, low and close as a body between open and close with wicks to the extremes.

Body = distance between Open and Close; Upper Wick = High - max(Open, Close); Lower Wick = min(Open, Close) - Low qualitative

A pair of parallel trendlines enclosing price movement, one along the swing highs and one along the swing lows.

Test: an upper and a lower line of equal slope contain the price series over the period examined qualitative

Technical Analysis & Chart Patterns

The period each bar or candle on a chart represents, from one minute to one month.

Test: the timeframe states the duration aggregated into a single plotted period qualitative

Technical Analysis & Chart Patterns

A period in which price moves within a bounded range without establishing a directional sequence.

Test: successive highs and lows fall within a defined band, with neither the higher-high nor lower-low condition satisfied qualitative

Technical Analysis & Chart Patterns

A rounded base followed by a smaller, shallower pullback near the prior high, resembling a cup with a handle.

Test: a rounded recovery to near the prior high, then a shallow consolidation typically retracing less than a third of the cup's depth qualitative