Tag Archive | "Bearish"

Symmetrical Triangles

Wednesday, November 24, 2010

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symmetrical-2

Symmetrical chart patterns can be found in almost any market and any time frame. They normally signify some indecision in the market and as the pattern develops it is common to see a decrease in volume. The pattern forms as the bar’s highs and lows inside the triangle converge so as to outline the shape [...]

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