May 28, 2010

DOW JONES 30 MINUTES CHART ASCENDING TRIANGLE


DOW 30 MINUTES CHART

  • DOW JONES 30 MIUTES CHART SHOWS THE FORMATION OF AN ASCENDING TRIANGLE.
  • THE BREAK OUT OR BREAK DOWN CAN GIVE THE TRADERS AROUND 500 POINTS FROM THE POINT OF BREAK OUT.
  • LOOK OUT FOR FALSE BREAK OUT'S TRIANGLES PRESENT THEM TIME AND AGAIN
THANK YOU
By at

2 comments:

  1. UnknownMay 30, 2010 at 10:55 AM

    Anoop if your start upper trendline is on the
    20th you can hit 3 touches instead of 2.
    pc

    ReplyDelete
  2. SanMay 30, 2010 at 3:35 PM

    @gatornose
    that's correct

    ReplyDelete

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