Learn How To Trade Chart Patterns

Inverse Head and Shoulders (bullish) and Head and Shoulders (bearish) are chart patterns with the highest success rates: 86% and 81%.

Here are two trade signals that our system identified recently and generated +16% and +18% profit:

EOS: Head and Shoulders (+16% Profit)

Source: altFINS

FITFI: Head and Shoulders (+18% Profit)

Source: altFINS

altFINS automatically detects 26 pattern types across 4 time intervals (15m, 1h, 4h, 1d) for hundreds of assets.

Save hours and hours of your time manually scanning charts!

Traders can easily monitor all trading signals in our Signals Summary section:

See All Signals

Don’t ever miss a trade signal and create an alert for Chart Patterns.

We teach trading Chart Patterns in Lesson 8 of our new Crypto Trading Course, which covers 7 trading strategies, margin trading, short selling and risk management.

☑ Watch a free Tutorial Video: Custom Chart Pattern Filters!

In this step-by-step guide, we’ll walk you through the process of creating and utilizing custom chart pattern filters to enhance your trading strategies.

What are AI Chart Patterns?

altFINS’ automated chart pattern recognition engine identifies 26 trading patterns across multiple time intervals (15 min, 1h, 4h, 1d), saving traders a ton of time, including:

• Ascending / Descending Triangle
• Head and Shoulders, Inverse Head and Shoulders
• Channel Up / Down
• Falling / Rising Wedge
• Double Bottom / Top
• Triple Bottom / Top
• Bullish / Bearish Flag
• Bullish / Bearish Pennant
• Rectangle
• Support / Resistance and other.

Price patterns appear when traders are buying and selling at certain levels, and therefore, price oscillates between these levels, creating chart patterns.

When price finally does break out of the price pattern, it can represent a significant change in sentiment.

Watch this introduction video to learn more about our AI chart patterns.

But how to Trade Chart Patterns?

Beginners should stick with the patterns that are easiest to understand and have the highest success rates.

That means Horizontal Resistance, Ascending Triangle, Channel Down, Falling Wedge, Inverse Head and Shoulders. Those patterns tend to have 67-83% success rate.

Learn more in this article!