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For all you TA's, there is a 6 day Symmetrical triangle, which...

  1. 440 Posts.
    For all you TA's, there is a 6 day Symmetrical triangle, which is also running along the uptrend.

    This is a continuation pattern and given the trading spreads of yesterdays session, I would assume that the breakout should occur today (at latest tomorrow), if this does not occur, it would be a consolidation at the current SPP and would indicate a possible retracement before continuing the uptrend.

    ...no charts today people, slow internet connection :(

    Cheers,
    Miike


    ...always DYOR, education is built on knowledge and action!
 
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