Monday, September 20, 2010

Multi-month Ascending Triangle Pattern



We've seen several Ascending Triangle's lately and we have a potential forming right now at the multi-month time range. This pattern calls for a pullback to complete the "E" at the rising trendline around the 1070 area and then start a strong uptrend. So I will be looking at this trendline for future opportunities.

No comments:

Post a Comment