Solid foundations. New horizons.

Free
Message: Nice Symmetrical Triangle

Be aware person who are selling we may seen some action next week or so !!!!

In the chart above, we can see that neither the buyers nor the sellers could push the price in their direction. When this happens we get lower highs and higher lows.

As these two slopes get closer to each other, it means that a breakout is getting near. We don't know what direction the breakout will be, but we do know that the market will most likely break out. Eventually, one side of the market will give in.

A nice Triangle formation and an up/down direction will give in

https://docs.google.com/open?id=0B2Gfsch8-Z3OZXlDMTd5MklRTjQ

BigD

Share
New Message
Please login to post a reply