Pattern Recognition saves you valuable time in your analysis by highlighting unique base patterns on Daily and Weekly graphs in WONDA which can indicate lower risk entry points. In addition to identifying the specific base pattern, Pattern Recognition displays the base count, depth of base, pivot point, and other items that describe the pattern. Additional visual aids on the graph include the % from (to) pivot, color-coded key price ranges, and the highlighting of tight areas. The feature currently identifies seven different bases: Cup, Cup with Handle, Saucer, Saucer with Handle, Ascending, Flat, and Consolidation. Additionally, you can screen on all seven base patterns through pre set lists in the WONDA List Manager.
Flat Base
Cup with Handle
Ascending Base
