Chart Pattern Playground
Drag the points to shape the chart. Patterns are recognized live.
Chart canvas
Tip: drag any point up or down. Add points for more complex structures.
Detected patterns
Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.
Double Top
bearish
High reliability
Pattern psychology
Price tried the same high twice and failed both times. Sellers defend it.
Analogy
💡 Bumping your head on the same ceiling twice and giving up.
Historical behaviour
Reliable after an extended uptrend.
Expected direction
Downward
Illustrative success
~65-70% after neckline break
Entry zone
On a close below the trough between the peaks.
Stop loss
Above the second peak.
Profit target
Peak-to-trough height projected down.
Common beginner mistakes
- • Shorting at the second peak before confirmation