Pattern

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Definition: Pattern

Pattern

Quick Summary of Pattern

Formation on a technical analysis chart showing recent price movements, used in an attempt to predict future price movements. also called trading pattern.

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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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April 18, 2024 https://payrollheaven.com/define/pattern/.
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Pattern. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/pattern/ (accessed: April 18, 2024).
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Pattern. PayrollHeaven.com. Retrieved April 18, 2024
, 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: 21st November, 2021 | 0 Views.