How many patterns does the workspace mark automatically?

Four reversal shapes: double top, double bottom, head and shoulders, and inverse head and shoulders — each scored for confidence on your own device inside the visible window. Other shapes such as triangles and flags are drawn with the drawing tools.

Should I wait for the candle close or enter on the touch?

A wick through a line is reversed more often than it is continued, and a full close beyond the line on your execution timeframe is the minimum confirmation. If you want to act on the touch, size smaller — the probability is weaker.

How do I calculate the measured move?

Measure the widest part of the shape in price, then add it to the break point for an upside break or subtract it for a downside one. A measured move is an approximate zone, not an exact price, and it is there to tell you whether the trade is worth its risk.

Do the same patterns work on every timeframe?

The shapes repeat on every timeframe, but their quality differs: a pattern on the 1h or 1D involves far more participants, while one-minute patterns form and break within minutes. Read the context timeframe first, then execute on the smaller one.

Crypto chart patterns cheat sheet

Four patterns the workspace marks for you

With the patterns study on, the workspace scans the highs and lows inside the visible window on your own device and marks four reversal shapes with a confidence score. The label is placed away from the pattern's own line so it never covers price, with a faint leader line back to where it belongs. What you see describes a shape that has formed — not a forecast of what comes next.

Double top

Shape: Two highs at a similar price with a pullback between
Confirmation line: The low of the pullback between them
Invalidated when: Price closes above the higher of the two highs

Double bottom

Shape: Two lows at a similar price with a bounce between
Confirmation line: The high of the bounce between them
Invalidated when: Price closes below the lower of the two lows

Head and shoulders

Shape: A middle high above two similar shoulders
Confirmation line: The neckline joining the two lows
Invalidated when: Price closes above the head

Inverse head and shoulders

Shape: A middle low beneath two similar shoulders
Confirmation line: The neckline joining the two highs
Invalidated when: Price closes below the head

Pattern	Shape	Confirmation line	Invalidated when
Double top	Two highs at a similar price with a pullback between	The low of the pullback between them	Price closes above the higher of the two highs
Double bottom	Two lows at a similar price with a bounce between	The high of the bounce between them	Price closes below the lower of the two lows
Head and shoulders	A middle high above two similar shoulders	The neckline joining the two lows	Price closes above the head
Inverse head and shoulders	A middle low beneath two similar shoulders	The neckline joining the two highs	Price closes below the head

Five shapes you draw yourself

Triangles, flags, ranges, and wedges are not auto-marked, because their boundaries are a trader's choice rather than one measurable rule. Draw them with the trend-line or horizontal-line tool, then arm an alert on the edge that matters so you are not sitting in front of the screen waiting for the break.

Ascending triangle

What you see: A flat ceiling with rising lows
Confirmation: Close above the flat ceiling
Measured move: Height of the widest part added to the ceiling

Descending triangle

What you see: A flat floor with falling highs
Confirmation: Close below the flat floor
Measured move: Height of the widest part subtracted from the floor

Symmetrical triangle

What you see: Falling highs and rising lows converging
Confirmation: Close beyond either boundary
Measured move: Widest part of the triangle in the break direction

Flag / pennant

What you see: A strong move, then a short tight drift
Confirmation: Close out of the drift in the original direction
Measured move: Length of the prior move from the break point

Horizontal range

What you see: A ceiling and floor price keeps bouncing between
Confirmation: Close outside the range, then a retest that holds
Measured move: Range height from the broken edge

Shape	What you see	Confirmation	Measured move
Ascending triangle	A flat ceiling with rising lows	Close above the flat ceiling	Height of the widest part added to the ceiling
Descending triangle	A flat floor with falling highs	Close below the flat floor	Height of the widest part subtracted from the floor
Symmetrical triangle	Falling highs and rising lows converging	Close beyond either boundary	Widest part of the triangle in the break direction
Flag / pennant	A strong move, then a short tight drift	Close out of the drift in the original direction	Length of the prior move from the break point
Horizontal range	A ceiling and floor price keeps bouncing between	Close outside the range, then a retest that holds	Range height from the broken edge

ascending triangle
 ┌─── flat ceiling ───┐
 │      ·   ·   ·     │
 │   ·        ·       │
 │ ·   rising lows    │
 └────────────────────┘
 break  : close > ceiling
 target : widest height
          + ceiling

bull flag
 ▲ impulse
 │    ┌──┐ drift
 │    │  │
 ▼    └──┘ → break up
 break  : close > drift high
 target : impulse length
          + break point

The confirmation rule that saves the most losses

Most "failed" patterns did not fail — they were entered before they confirmed. Confirmation is three things together: a full candle close beyond the pattern line on your execution timeframe rather than a wick through it, volume above its own average on the break candle, and a retest of the line that holds. When one of the three is missing you are dealing with a weaker probability, so let the position size say so.

1Switch the patterns study on from the studies bar to see the marked reversals in the current window.
2Draw the confirmation line yourself: a horizontal line on the pullback low or range ceiling, a trend line on a triangle boundary.
3Select that line and press the bell button to turn it into a price alert that reaches your phone when price touches it.
4Switch the volume study on to see whether the break arrived above the 20-candle average or not.
5After the break, move to your context timeframe and check the same line is not sitting inside an opposing liquidity zone.

Patterns describe a probability, not an outcome. Nothing the chart draws is investment advice; the decision and its risk belong to the trader alone.

Crypto chart patterns cheat sheet: what each shape means and when it confirms

Four patterns the workspace marks for you

Five shapes you draw yourself

The confirmation rule that saves the most losses

Quick questions, direct answers

Apply this on live candles now

Related guides

A question, or want to integrate the engine?