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PYC Chart and Technical Analysis, page-92

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    This might get me into trouble with a few but nah, I don’t put any weight in a C@H pattern at all. A very low performing pattern and way overused in basic level charting discussions. IMO.
    I do like an ascending triangle and it’s the only time I’ll use a diagonal trendline. They produce good results.

    The biggest problems with patterns especially on a site like HC is that the folks like to create there own version on how to set them up so there are some wild looking examples out there.

    All good fun.
 
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