Pattern

Business, Legal & Accounting Glossary

Definition: Pattern



Full Definition of Pattern


Pattern, in the context of technical analysis, is the distinctive formation created by the movement of security prices on a chart. It is identified by a line connecting common price points (closing prices, highs, lows) over a period of time. Chartists try to identify patterns to try to anticipate the future price direction. The pattern is also known as “trading pattern”.


Synonyms For Pattern


Trading Pattern

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Pattern. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/pattern/ (accessed: July 09, 2020).
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Pattern. PayrollHeaven.com. Retrieved July 09, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/pattern/

Definition Sources


Definitions for Pattern are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd March, 2020 | 2 Views.