Breakout Position in Yearly Price Range for Chart Patterns Flashcards

1
Q

High means?

A

The pattern performs best when the breakout is within a third of the yearly high

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Low means?

A

The pattern performs best when the breakout is within a third of the yearly low

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Middle means?

A

The pattern performs best when is in the final third

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Broadening Bottoms, downward breakout

Performs Best Where?

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Broadening Bottoms, upward breakout

Performs Best Where?

A

HIGH

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Broadening Formations, Right-Angled and Ascending, downward breakout

Performs Best Where?

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Broadening Formations, Right-Angled and Ascending, upward breakout

Performs Best Where?

A

Middle, HIGH

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Broadening Formations, Right-Angled and Descending, upward breakout

Performs Best Where?

A

Middle

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Broadening Tops, downward breakout

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Broadening Tops, upward breakout

A

HIGH

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Broadening Wedges, Ascending, downward breakout

A

Low

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Broadening Wedges, Ascending, upward breakout

A

Middle High

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Broadening Wedges, Descending, downward breakout

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Broadening Wedges, Descending, upward breakout

A

Low, Middle, High

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Diamond Bottoms, downward breakout

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Diamond Bottoms, upward breakout

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Diamond Tops, downward breakout

A

LOW, Middle

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Diamond Tops, upward breakout

A

Middle

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Duble Bottoms, Adam & Adam, upward breakout

A

LOW

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Double Bottoms, Adam & Eve, upward Breakout

21
Q

Double Bottoms, Eve & Adam, upward breakout

22
Q

Double Bottoms, Eve & Eve, upward breakout

23
Q

Double Tops, Adam & Adam, downward breakout

24
Q

Double Tops, Adam & Eve, downward breakout

25
Q

Double Tops, Eve & Adam, downward breakout

26
Q

Double Tops, Eve & Eve, downward breakout

27
Q

Flags, downward breakout

28
Q

Flags, upward breakout

29
Q

Flags, High and Tight, upward breakout

30
Q

Head-and-Shoulders Bottoms, upward breakout

31
Q

Head-and-Shoulders Bottoms, Complex, upward breakout

32
Q

Head-and-Shoulders Tops, downward breakout

33
Q

Head-and-Shoulders Tops, Complex, downward breakout

34
Q

Pennants, downward breakout

35
Q

Pennants, upward breakout

36
Q

Rounding Bottoms, upward breakout

37
Q

Scallops, Ascending and Inverted, upward breakout

38
Q

Three Rising Valleys, upward breakout

39
Q

Triangles, Ascending, downward breakout

A

LOW, Middle

40
Q

Triangles, Ascending, upward breakout

41
Q

Triangles, Descending, downward breakout

42
Q

Triangles, Descending, upward breakout

43
Q

Triangles, Symmetrical, downward breakout

44
Q

Triangles, Symmetrical, upward breakout

45
Q

Triple Bottoms, upward breakout

46
Q

Triple Tops, downward breakout

47
Q

Pipe Bottom, upward breakout

48
Q

Pipe Bottom, downward breakout

49
Q

Totals for upward breakouts:

High: 13
Middle: 7
Low: 9

Totals for downward breakouts:

High: 5
Middle: 6
Low: 14

What the numbers shows?

A

Shows that upwards breakouts performs best within a third of the yearly high

Downward breakouts perform best within a third of the yearly low.

So buy stocks making new highs and sell them short when they make new lows