Actual patterns

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Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.

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Bullish Flag
was formed on 07.07 at 17:01:05 (UTC+0)
signal strength 3 of 5

The Bullish Flag pattern has formed on the #NTDOY M30 chart. Its lower boundary passes through 59.83/59.77, while its upper boundary passes through 59.97/59.91. The projected flagpole height is 141 points. The formation indicates that the uptrend is likely to continue. A break above 59.97 would confirm further upward movement.

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Actual Patterns