Friday, April 26, 2024

Triangles, Wedges, Pennants, KLPD, Diamonds Explained by Jiler

 


Odds are favorable that any Triangle will even-
tually result in a continuation of the trend that
preceded it.
The odds favoring a continuation decrease ac-
cording to which of the four basic Triangles de-
velops, in the following order: Ascending, Sym-
metrical, Descending, Inverted.
Purchases should be made at the lowest possible
levels within a Triangle, or after the subsequent
trend has been well defined, because Triangles are
especially treacherous. They are subject to many
false moves, and are among the least reliable of
all chart formations.












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