It marks bullish patterns with a green arrows and bearish patterns with red arrows.
If you choose «True», the indicator will
mark bullish patterns above the EMA and bearish patterns below the EMA.
Not exact matches
So, there are still two possible future scenarios - bearish that will lead us below February low following trend line breakdown, and the
bullish one in a form of medium - term double top
pattern or breakout towards 3,000
mark.
This
pattern consists of a relatively large bearish candlestick, followed by a
bullish candlestick that closes somewhere above the 50 %
mark of the preceding candlestick's real body (see image below).
An Ascending Triangle
pattern is a
bullish pattern and is
marked in the chart in purple lines.