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Strategies & Market Trends : The coming US dollar crisis

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To: Robin Plunder who wrote (14988)11/25/2008 10:26:49 PM
From: LTK007  Read Replies (1) of 71426
 
The terminalogy appears NOT to be standardized.
i give example graphic examples 2 bearish patterns that that are various calle ascending wedge, rising wedge and ascending triangle.
The first is virtual match to what there was labelled a rising wedge OR a ascending triangle as my line were so advanced and coming to a crossing.




this one is defined strictly as a rising wedge






Hear is a Bullish ascending triangle, it looks quite different to a bearrish ascending triangle.

So i believe neither of us is mistaken. I have called ascending triangls as bearish when you can see the point of the crossing is imminent.But to avoid confusion in future i might simply use rising wedge, but i prefer to use a bearish ascending triangle when the crossing point is imminent.

This one i post has three forms all having a wide channel like the one here.


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