MPO molopo energy limited

ascending triangle, page-5

  1. 17,369 Posts.
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    Cortis,
    here's a link to a site that explains a lot of patterns. I'm trying to figure it all out myself. seems to me an ascending triangle is when an SP has a high it can't get past (like 12c with MPO) but each time it retreats it has a higher low. More often than not it ends with a breakout to the upside. I would be happy for any gurus to correct me or elaborate.

    http://thepatternsite.com/at.html
 
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