Infinity Ground AIN

$0.0384-3.15% 24h

Lines are each pattern's own boundaries (support, resistance or neckline; grey = the pattern's swings), drawn only on the timeframe where it formed.

Minimum target (book measuring rule)Magee stop

Candles: Gate.

Chart patterns

5-month symmetrical triangle · 2 testsBroke down 37d ago1D
Ch 8: falling highs and rising lows converging, volume shrinking; the book warns it is the triangle most prone to false moves. Confirmed by a close about 3% below the line ($0.0665). The book gives no measuring rule for this one. Magee stop (Ch 27): $0.0994, 15% beyond the last minor top.

2-month symmetrical triangle · 3 testsFakeout 37d ago1D
Ch 8: falling highs and rising lows converging, volume shrinking; the book warns it is the triangle most prone to false moves. Confirmed by a close about 3% above the line ($0.0744) on 47.6× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). The book gives no measuring rule for this one. Magee stop (Ch 27): $0.0562, 13.6% beyond the last minor bottom.
4-month symmetrical triangle · 3 testsFakeout 48d ago1D
Ch 8: falling highs and rising lows converging, volume shrinking; the book warns it is the triangle most prone to false moves. Confirmed by a close about 3% below the line ($0.0700). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0337 (a minimum, not a limit). Magee stop (Ch 27): $0.0951, 11.1% beyond the last minor top.

3-week down trendline · 3 tests0.9% from breakout4H
Ch 14: a falling line through the tops, drawn on two highs and confirmed by a third test. Not broken yet: a close above $0.0388 by about 3%, on a clear rise in volume, would confirm it.