I agree Volt. In small moves the triangles and penants happen more often at neutral conditions. After a big move the majority of indicators suggest up so most traders are thinking up. If they do break down though it seems to be messy. I've seen a few examples on short term charts recently.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |