What Patterns Does the AI Detect?
Patterns Recognized by PatternPilotAI
PatternPilotAI can detect a wide range of classical chart patterns across any market and timeframe. Here is the full list of patterns the AI recognizes, along with a brief description of each.
Bullish Continuation Patterns
These patterns typically appear within uptrends and suggest the price may continue moving higher after a period of consolidation.
Cup and Handle
A rounded, U-shaped base followed by a smaller downward drift. The breakout above the handle's resistance signals a potential continuation of the uptrend.
Bull Flag
A sharp upward move (the flagpole) followed by a rectangular consolidation that slopes slightly downward. A breakout above the flag suggests the uptrend is resuming.
Pennant (Bullish)
Similar to a bull flag but with converging trendlines forming a small symmetrical triangle after a strong move up. Breakout to the upside signals continuation.
Ascending Triangle
A pattern with a flat upper resistance line and a rising lower trendline. Buyers are becoming more aggressive, often leading to an upside breakout.
Bearish Continuation Patterns
These patterns appear within downtrends and suggest the price may continue falling.
Bear Flag
A sharp downward move followed by a slight upward-sloping rectangular consolidation. A breakdown below the flag signals continued selling.
Pennant (Bearish)
Converging trendlines forming a small triangle after a strong move down. A breakdown signals the downtrend is likely to resume.
Descending Triangle
A flat lower support line with a declining upper trendline. Sellers are becoming more aggressive, often resulting in a downside breakdown.
Reversal Patterns
These patterns suggest a potential change in the prevailing trend direction.
Head and Shoulders
Three peaks where the middle peak (head) is higher than the two side peaks (shoulders). A break below the neckline suggests a reversal from bullish to bearish.
Inverse Head and Shoulders
The mirror image of the head and shoulders. Three troughs where the middle trough is lower than the others. A break above the neckline suggests a reversal from bearish to bullish.
Double Top
Two peaks at approximately the same price level. A break below the support between the peaks signals a bearish reversal.
Double Bottom
Two troughs at approximately the same price level. A break above the resistance between the troughs signals a bullish reversal.
Triple Top
Three peaks at roughly the same level, indicating strong resistance. A break below support signals a bearish reversal.
Triple Bottom
Three troughs at roughly the same level, indicating strong support. A break above resistance signals a bullish reversal.
Rounding Bottom
A gradual, bowl-shaped transition from a downtrend to an uptrend. This slow reversal pattern suggests accumulation and a shift in momentum.
Neutral Patterns
These patterns can break in either direction, and the breakout direction determines the trade.
Symmetrical Triangle
Converging trendlines with lower highs and higher lows. The price compresses into an apex and typically breaks out in the direction of the prior trend, though either direction is possible.
Rising Wedge
Both trendlines slope upward but converge. Despite the upward movement, this pattern often resolves with a bearish breakdown.
Falling Wedge
Both trendlines slope downward but converge. Despite the downward movement, this pattern often resolves with a bullish breakout.
Channels
Parallel trendlines containing the price action. An ascending channel has upward-sloping parallel lines, a descending channel slopes downward, and a horizontal channel moves sideways. Breaks outside the channel signal potential trend changes.
Learn More
For detailed guides on trading each pattern, including entry strategies, stop-loss placement, and measured move targets, visit the Learning Resources section or browse our blog for in-depth articles.
Was this article helpful?