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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (10147)8/16/2001 11:07:49 AM
From: AllansAlias   of 209892
 
For those so interested, The bullish scenario in a triangle (or a flat) is always 1-2-i-ii (up-down-up/down contracting) -- which means the break to the upside could be a 'iii'. The bearish triangle scenario is a-b-c-d-e. So, contrast them:

               ^
               ^  
1/a            ^
^   v   i     iii/c   e
^   v   ^ v   ^   v   ^   v
^   v   ^ v   ^   v   ^   v
^   v   ^ ii      d       v
^   2/b                   v
^                         v
                          v
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