Glossary › pattern height
Trading glossary · patterns
pattern height
How tall a chart shape is, from its top to its bottom, used to guess how far price might go next.
The fuller meaning
The vertical size of a pattern: peaks to neckline for a double top, head to neckline for head and shoulders, the widest part of a triangle. Projected from the break point it gives a measured-move target, a guide rather than a promise.
pattern height, also called pattern's height.
Related words
apex · ascending triangle · bear flag · bull flag · busted pattern · chart pattern · continuation · continuation pattern · converging lines · cup and handle