Real-time pattern trading is the easiest way to find entry and exit prices if you can scan thousands of stocks and ETFs within minutes. It is definitely impossible for humans. Artificial Intelligence (A.I.) not only discovers these patterns, but also checks if they worked out well in the past. Knowing the success rate in the past allows A.I. to establish the odds of success in the future.
The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5) arranged along an upward sloping trend line. It often appears at the end of a declining trend – an indication that buyers are overtaking sellers, which ultimately pushes the price higher.
This type of formation happens when investors shift into buying mode following a consolidation period.
Trade idea
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price level by adding the pattern’s height (highest price minus the lowest price within the pattern) to the breakout level (the highest high). When trading, wait for the confirmation move, which is when the price rises above the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
Time frames No matter your trading strategy (day trading, swing, etc), we have patterns that will be ready to trade.
VSAT - Viasat, Inc.
| STATUS | Emerged |
|---|---|
| CURRENT CONFIDENCE | 57% |
| TARGET (EXIT) PRICE | 52.61 USD |
| BREAKOUT (ENTRY) PRICE | 52.10 USD |
| DISTANCE TO TARGET PRICE | 1.65% |
| EMERGED ON | Aug 06, closing price |
| WITH CONFIDENCE LEVEL | 57% |
PVG - Pretium Resources Inc
| STATUS | Emerged |
|---|---|
| CURRENT CONFIDENCE | 52% |
| TARGET (EXIT) PRICE | 9.27 USD |
| BREAKOUT (ENTRY) PRICE | 9.11 USD |
| DISTANCE TO TARGET PRICE | 3.00% |
| EMERGED ON | Aug 06, closing price |
| WITH CONFIDENCE LEVEL | 52% |
KL - Kirkland Lake Gold Ltd
| STATUS | Emerged |
|---|---|
| CURRENT CONFIDENCE | 64% |
| TARGET (EXIT) PRICE | 41.78 USD |
| BREAKOUT (ENTRY) PRICE | 41.21 USD |
| DISTANCE TO TARGET PRICE | 1.85% |
| EMERGED ON | Aug 06, closing price |
| WITH CONFIDENCE LEVEL | 60% |
TFFP - Tff Pharmaceuticals Inc
| STATUS | Emerged |
|---|---|
| CURRENT CONFIDENCE | 59% |
| TARGET (EXIT) PRICE | 08.23 USD |
| BREAKOUT (ENTRY) PRICE | 8.00 USD |
| DISTANCE TO TARGET PRICE | 3.34% |
| EMERGED ON | Aug 06, closing price |
| WITH CONFIDENCE LEVEL | 59% |
NXPI - NXP Semiconductors NV
| STATUS | Emerged |
|---|---|
| CURRENT CONFIDENCE | 58% |
| TARGET (EXIT) PRICE | 214.89 USD |
| BREAKOUT (ENTRY) PRICE | 213.95 USD |
| DISTANCE TO TARGET PRICE | 0.58% |
| EMERGED ON | Aug 06, closing price |
| WITH CONFIDENCE LEVEL | 58% |
