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Strategies & Market Trends : Classic TA Workplace

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To: Berney who wrote (7694)7/20/2001 12:25:39 PM
From: AllansAlias  Read Replies (2) of 209892
 
If price goes too far toward the apex of a triangle, is not a good setup. More often than not in such cases, price will just dribble through the apex in a range. If a triangle does not break by 80% toward the apex, chances are slim you'll get a pop either way.

The QQQ triangle will have to break very soon for it to catch my attention.

Cheers.
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