Breakout Position in Yearly Price Range for Chart Patterns Flashcards
High means?
The pattern performs best when the breakout is within a third of the yearly high
Low means?
The pattern performs best when the breakout is within a third of the yearly low
Middle means?
The pattern performs best when is in the final third
Broadening Bottoms, downward breakout
Performs Best Where?
LOW
Broadening Bottoms, upward breakout
Performs Best Where?
HIGH
Broadening Formations, Right-Angled and Ascending, downward breakout
Performs Best Where?
LOW
Broadening Formations, Right-Angled and Ascending, upward breakout
Performs Best Where?
Middle, HIGH
Broadening Formations, Right-Angled and Descending, upward breakout
Performs Best Where?
Middle
Broadening Tops, downward breakout
LOW
Broadening Tops, upward breakout
HIGH
Broadening Wedges, Ascending, downward breakout
Low
Broadening Wedges, Ascending, upward breakout
Middle High
Broadening Wedges, Descending, downward breakout
LOW
Broadening Wedges, Descending, upward breakout
Low, Middle, High
Diamond Bottoms, downward breakout
LOW
Diamond Bottoms, upward breakout
LOW
Diamond Tops, downward breakout
LOW, Middle
Diamond Tops, upward breakout
Middle
Duble Bottoms, Adam & Adam, upward breakout
LOW