2014年11月28日 星期五

1928 Symmetrical Triangle 20141128

criteria:
1/ contracting swing/wave? yes
2/ declining volume? yes
3/ 4/ 5/....

note this is a continuation pattern, that means the original trend will usually resume after the pattern has completed...

fyi, line chart below is much easier to recognize this pattern projection of price according to website of this classical pattern is the the difference between first top and second bottom, approximately 55-56

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation







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