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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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