Confirmation of breakout of symmetrical triangle as shown. Also has surpassed latest swing high. Bullish
1 HR ASCENDING TRIANGLE. A BREAK OF $7.15 SHOULD CONFIRM AN UPWARD BREAKOUT. #LONG
TRADING RULES FOR THE HOLY GRAIL
RULES FOR LONG
14-period ADX is above 30 and rising
Retracement down to 20-period simple moving average (SMA)
Place buy order at the high of the bar that touches 20-period SMA
$FB I see a descending triangle pattern developing. A cross below current support @$114 will confirm.NASDAQ:FB
triple touch on upper-channel, break through bottom channel...
H&S pattern at the top of an uptrend(?). A break in the neckline($6.97) will confirm the downtrend.