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Public 3SOF Boards => Technical Analysis => Topic started by: fous on December 27, 2005, 07:04:06 PM

Title: Chart Patterns/Candlestick Patterns
Post by: fous on December 27, 2005, 07:04:06 PM
Hey 3sof community,

I would like to ask for your help  :D

Im working on a project with chart patterns and would like to ask for you to submit any good examples of good chart pattern examples from any stock charts that you may be analyzing.

Such as:

-ascending/descending triangles/wedges/channels

-double and triple tops/bottoms

-invertered/upright head & shoulders patterns

-wolf wave patterns

-trading ranges or any other patterns that i failed to mention

I appreciate any help :)

As well i would like any submissions of text book examples of candlestick patterns working out on a chart.

Im searching for all these myself yet it's hard to find examples of each on my own. So im not asking to go searching for anything, But if you notice a nice chart or candlestick pattern while analyzing your own stocks i would appreciate it if you could post it here

thanks,

-fousc
Title: Re: Chart Patterns/Candlestick Patterns
Post by: shipman on December 27, 2005, 08:39:36 PM
    Sounds like you're trying to write a book.  I admire the dedication.  I would like to start some type of similar project.  I'll be glad to submit any thing I can find.   Good luck as always.
  Two more questions. What about timeframes?  And, Do you want forming patterns or just examples?
Title: Re: Chart Patterns/Candlestick Patterns
Post by: fous on December 27, 2005, 11:38:37 PM
Quote from: shipman on December 27, 2005, 08:39:36 PM
    Sounds like you're trying to write a book.  I admire the dedication.  I would like to start some type of similar project.  I'll be glad to submit any thing I can find.   Good luck as always.
  Two more questions. What about timeframes?  And, Do you want forming patterns or just examples?

Thanks for replying shipman. But no its not a book ;) maybe one day. Timeframes wise i would like it to be short term to medium term charts I.E. 1 week-6 months or so. Forming patterns or good examples will do. Though the end result of the forming pattern needs to be valid for it to be useful ;) but the more examples the better.

Thanks,

-fousc

PS. PERSONS SHALL RECEIVE APPLAUDS FOR EACH POST TO THIS THREAD WITH A CHART OR CANDLE STICK PATTERN EXAMPLE.
Title: Re: Chart Patterns/Candlestick Patterns
Post by: sebfr on December 28, 2005, 12:48:36 AM
Hi Fousc,

I like "Head and shoulders" and double bottom/top...I have post a lot of example about thses chart patterns (Cf. "Stock market talking")..

With GZFX you can find a double top and a double bottom on the same chart...I hope chart is enough for you. If you need more explanations, tap on my shoulder ! :D

Good trades
Title: Re: Chart Patterns/Candlestick Patterns
Post by: shipman on December 28, 2005, 12:50:28 AM
Ok, found a better example.  FOUSC you should check out this site it might be a help.  Here's a chart. hotcandlesticks.com
Title: Re: Chart Patterns/Candlestick Patterns
Post by: shawFund on December 28, 2005, 01:06:00 AM
Here is an example of bullish reversal candlestick pattern.

Semi index SXX formed a "Morning Star" bullish reversal pattern on October 30, 2005.

From October 30 to Dec 5, it gained 20% (many semi stocks gained 50% or more during this period of time).
Title: Re: Chart Patterns/Candlestick Patterns
Post by: fous on December 28, 2005, 01:25:48 AM
Hey that was quick :) Thanks alot for the charts guys really great stuff. Keep it comin!

Applauds for the each of yas 8)

-fousc
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 28, 2005, 02:22:07 AM
fousc,

Burlington Resources (BR) is a recent example of the expression, "First the chart...then the news."

1.  November 21 - Breakaway gap to the upside, above a validated down trendline (green line).

2. Successful re-test of the down trendline on November 28.

3. In early December, BR broke out of a "W"-bottom; the right side of the "W" was an Ascending Triangle.

4. December 7, 8, and 9, the lows of those days held slightly above the breakout.  The chart looked more than ready to head to the pattern target...then the news.

5. December 12 - BR to merge with ConocoPhillips (COP).  Pattern target made the next day.

It's nice when these patterns work out the way that they "should."   :D

Good luck with your project, fousc!
Title: Re: Chart Patterns/Candlestick Patterns
Post by: metro on December 28, 2005, 04:53:31 AM
This is the NASDAQ yesterday  - very typical bear flag. After a large red candle the stock moves back up on often decreasing volume. These can be good short setups to go short when the flag breaks.



(http://xs61.xs.to/pics/05523/nazbear.jpg)

There are so many chart reference sites such as:
Introduction to Chart Patterns  at Stockcharts

http://tinyurl.com/b4fgl

or chartpatterns.com

http://www.chartpatterns.com/

or

http://tinyurl.com/9odvm






Title: Re: Chart Patterns/Candlestick Patterns
Post by: Ramsburg on December 28, 2005, 01:24:29 PM
Here's a Symmetrical Triangle pattern on TAXI

Meeting the target price, filling all the gaps, etc.
Title: Re: Chart Patterns/Candlestick Patterns
Post by: fous on December 28, 2005, 04:27:44 PM
thanks guys all great stuff! more more more!!

Im in need of some inverted H&S patterns, ascending channels/wedges, and tradinging range breakouts. But will like anything you got.

-fousc
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 29, 2005, 01:33:48 AM
Bearish Rising Wedge:
Title: Re: Chart Patterns/Candlestick Patterns
Post by: bamboo on December 29, 2005, 01:48:39 AM
For your refence, here is a rising wedge, but not neccessary bearish, IMO.

(http://bigcharts.marketwatch.com/charts/big.chart?symb=dji&compidx=aaaaa%3A0&ma=1&maval=50%2C200&uf=0&lf=4&lf2=0&lf3=0&type=4&size=2&state=8&sid=1643&style=320&time=11&freq=2&nosettings=1&rand=127&mocktick=1)
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 29, 2005, 02:18:19 AM
H&S Top...Wolfe Wave...
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 29, 2005, 02:33:14 AM
Triple Bottom...Triangles...exploded to the upside out of those "nested" patterns.  Currently above $28.
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 29, 2005, 02:39:51 AM
Quote from: Melf Elf on December 29, 2005, 02:33:14 AM
Triple Bottom...Triangles...exploded to the upside out of those "nested" patterns.  Currently above $28.

Those bullish patterns were "nested" within a big Inverse Head & Shoulders bottom.  It was packing alot of power.
Title: Re: Chart Patterns/Candlestick Patterns
Post by: sebfr on December 29, 2005, 08:46:36 AM
double top on MRY
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 30, 2005, 06:32:23 AM
fousc,

GTE is an interesting chart pattern/TA study. 
Title: Re: Chart Patterns/Candlestick Patterns
Post by: fous on December 30, 2005, 07:08:05 PM
Thanks for all the charts guys, I really do appreciate it :)

-fousc
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Terliso on December 31, 2005, 01:19:27 AM
EGO - breakout from Rectangle Continuation Pattern.. EGO still bullish just coming back to meet the 13 day EMA & some profit taking before powering up ;)
Title: Re: Chart Patterns/Candlestick Patterns
Post by: fous on December 31, 2005, 04:44:46 AM
Great chart Terlisa,

Im still in need of a bearish trading range breakout out, ascending channel, and a descending triangle.

Im also looking for MACD histogram divergence breakout charts as well.

Keep up the good work guys and thanks again for contibuting to this thread.

-fousc
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 31, 2005, 06:27:07 AM
Quote from: fousc on December 31, 2005, 04:44:46 AM
ascending channel
Title: Re: Chart Patterns/Candlestick Patterns
Post by: Melf Elf on December 31, 2005, 12:02:26 PM
Quote from: fousc on December 31, 2005, 04:44:46 AM
ascending channel

fousc,

Here's one that resolved to the downside (pattern in blue), so you have one of each direction.   :D

Also a Symmetrical Triangle fractal (repeating pattern)that broke out this week.  Upside target is close the first Symmetrical Triangle target.  As long as it remains above the breakout, I would expect to see the stock challenging 5.14-5.37 by the end of April, 2006; no later than the end of 2006.
Title: Re: Chart Patterns/Candlestick Patterns
Post by: shipman on January 10, 2006, 11:56:15 AM
Yorikiri--  tweezer bottom---eyii
Title: Re: Chart Patterns/Candlestick Patterns
Post by: fous on January 10, 2006, 01:37:21 PM
Thanks shipman. Still in need of a downside descending triangle fellas if you find one.

thanks,

-fousc
Title: Re: Chart Patterns/Candlestick Patterns
Post by: rickjust on January 10, 2006, 07:29:48 PM
hi fousc,
here is an abc trading pattern that worked out ., for smdi,
take profits at 100%
maxi
Title: Re: Chart Patterns/Candlestick Patterns
Post by: rickjust on January 10, 2006, 09:17:40 PM
hi,
here is an abc set up for hom,
point A, 4.25 reached on 12/28 ( last bottom)
poin B,  5.39 1/5/06 ( last high) \
retracement to point C, 4.95 1/10/06
inside day today. safe entry at 25% point
10 day about to cross 20 day,
take profits at 75%
what do you think? does hom have achance this week of makin' it ? we'll see.
enjoy trading,
maxi