ASCENDING TRIANGLE:
Identify the levels where the price has often closed and opened (black line).
The price is making higher and higher lows.
Draw a bullish diagonal.
Take Profit is calculated by plotting the lowest increase on the black line (see graph).
Report this segment to the BREAK of the black line, but ESPECIALLY to the CLOSING of the candle in its time...
Dear traders & everyone who is learning Technical Analysis!
In this video I'm going to show you how to recognize a core bullish trend & play Ascending Triangles. It would have given you amazing profits in the case of VFF.
Have fun watching! ;)
Sorry for the stuffy nose! Nonetheless, here I talk about qualities of a trade that help determine it as a winner. This is just a short version of what to look for, just to give some of the things to consider in the process. As a general statement, there are 2 things that make up a stock: technical factors (price behavior) & fundamental factors (financial...
