• Frequency of Busted Patterns in Bull Markets
    As a Percentage of Busted Patterns
    Sorted by Double Busts
    Busted Chart PatternSingle
     Bust 
     Double
    Bust 
     Triple+ 
    Bust
     Busted descending triangles, up breakout  43% 34% 22%
     Busted symmetrical triangles, up breakout  50% 32% 19%
     Busted ascending triangles, up breakout  54% 32% 15%
     Busted head-and-shoulders bottom  56% 32% 13%
     Busted rectangle, up breakout  43% 27% 31%
     Busted double bottoms  66% 27% 8%
     Busted triple bottoms  61% 23% 16%
     Busted double tops  70% 16% 16%
     Busted symmetrical triangles, down breakout  71% 16% 14%
     Busted triple tops  65% 15% 19%
     Busted ascending triangles, down breakout  67% 15% 17%
     Busted head-and-shoulders tops  70% 15% 15%
     Busted descending triangles, down breakout  72% 14% 14%
     Busted rectangle, down breakout  66% 13% 21%
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