PCL 4.76% 2.2¢ pancontinental energy nl

triangles, page-7

  1. 209 Posts.
    re: triangles - pardox sKaTiNg_ANd_GirLS_DonT_mIx ..... someone else may be able to explain it better than I can ....

    Triangles and wedges are a unique form of consolidation or distribution pattern ..... the struggle between the buyers and sellers results in a daily tightening of the trading range, forming a triangle or wedge, until either the buyers or sellers win the battle, and like a coiled spring, it releases and results in a breakout.

    Triangles and wedges have inside day's as the trading range tighten's, and the above formula is able to scan for them.

    .... Paradox
 
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