Simple Price Patterns

Patterns are basic shapes that appear on charts when buyers and sellers repeat similar behavior. They help beginners notice when the market is slowing down, changing direction, or taking a short pause. You don’t need to memorize many shapes — just recognize the simple ones that appear most often.

Double Top & Double Bottom

A Double Top forms when price reaches the same high level twice and fails to break above it. This shows buyers are losing strength.

A Double Bottom forms when price touches the same low area twice and refuses to drop lower. This shows buyers are protecting that level.

These two patterns help beginners understand where the market may be running out of momentum.

The Flag Pattern

A Flag appears during a strong move. Price pushes in one direction, then slows down and moves sideways for a short moment. After that, the trend often continues.

Flags are simple signs that the market is resting, not reversing, and they help beginners see how trends breathe and continue forward.

Using Patterns

Patterns don’t predict the future, but they make charts easier to read. Double Tops and Double Bottoms help you notice potential turning points. Flags show when the trend is still strong. By learning these simple shapes, you start seeing structure instead of chaos and gain more confidence reading the chart.