Liking the intraday ascending triangle ...refs from daytrading coach.com
ASCENDING TRIANGLE:mce-anchor
Criteria: Equal/Nearly equal highs and higher lows on decreasing volume.
Entry: Breakout from the trend lines on higher then average volume as the trend lines converge.
Stop: Under the lows of the base or last major pivot low on the smaller time frame or under the lows of the setup bar.
Target: Equal distance on a breakout comparable to the distance between the first high and first low in the triangle. Ascending triangles tend to breakout higher.
FBR Chart, page-38
-
- There are more pages in this discussion • 3,429 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $239.5M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.0¢ | $758.0K | 14.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1613913 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 581561 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FBR (ASX) Chart |