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ForeCastle

  1. Trading the Triangles

    by , 09-20-2014 at 11:07 AM
    Talking Points:

    • The triangle formation can show in three varieties; we outline each below.
    • Triangles signal congestion or consolidation as the range of price movement decreases.
    • Traders can look to trade breakouts by treating triangles like other congestion patterns.

    The Triangle

    Trending markets will often put in a series of ‘higher-highs’ and ‘higher-lows’ (during up-trends), or ‘lower-lows,’ and ‘lower-highs,’ during down-trends. But what about ...
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