1The horizontal
A flat line joining two or more almost equal highs. It acts as resistance: each rally stalls at the same price.
THE CEILINGPrice keeps bouncing off the lows, each bounce higher than the last, while a flat ceiling holds it back. When it finally closes above that ceiling, a new uptrend can begin.
The pattern looks like a right triangle lying on its side. Hover a card to light it up on the chart.
A flat line joining two or more almost equal highs. It acts as resistance: each rally stalls at the same price.
THE CEILINGA line dropped from the horizontal down to the lowest point beneath it. It marks where the pattern starts.
THE STARTING POINTThe rising line that joins the ascending lows. Each bounce under the ceiling starts from a higher low than the one before.
THE RISING FLOOROur scanners only flag the pattern when both are met.
At least two, ideally three, bounces below the horizontal, each starting from a higher low.
Declines from the ceiling to each low should take longer than the rallies back up to it. Buyers are stronger than sellers.
Every Yard Charts alert draws these levels for you, so you know the entry and where the setup fails before you act.
A buy signal fires when a candle closes above the horizontal line after at least two bounces. An intraday poke above it is not enough.
Set the sell stop just below the most recent bounce low before the breakout. If price falls back there, the pattern has failed.
The strongest setups break out, then come back calmly to the old ceiling and hold it as a new floor before moving on.
Two Bottom Right Triangles flagged on the daily scan of 2026-10-09.
AMT trades on the NYSE, so its alerts come with Standard. Triangles on ETFs, Forex, Crypto and BSE are in the Free plan.
Compare plansHistorical cases show meaningful upside when confirmation and risk management are respected: wait for the close, keep the stop where the pattern fails.
The same shape upside down. Descending bounces above a flat floor, then a close below it triggers the sell.
Every alert comes with the buy, the stop and the reward zone. Free forever on 4 markets.