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8 mag

Hi! The "Bart" pattern in trading is named after a specific type of price movement on an asset's chart, resembling the contour of Bart Simpson's head from "The Simpsons" cartoon series.

Characteristics of the Bart pattern include a sharp price surge (vertical spike), followed by a rapid decline (horizontal consolidation), and finally a return to the initial level (second vertical spike). This pattern is often associated with market manipulation or anomalies, where large players such as traders or crypto exchanges may create the illusion of rapid price movement to induce other traders to enter trades and then exit with a profit.

https://www.tradingview.com/x/5Sxg53pm/

The name "Bart" was coined for this pattern within the trading community due to its resemblance to the head of the character Bart Simpson.


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