The pattern shows symmetry in the price and time it took to reach to the target
Monday, May 25, 2009
Anatomy of Chart Patterns: An interesting note about geometric patterns
25
May, 2009
12:52 AM
Geometric patterns formed systematically, with minimum or no influence from external factors on the market show interestingly predictable moves as seen in the below chart
The pattern shows symmetry in the price and time it took to reach to the target
The pattern shows symmetry in the price and time it took to reach to the target
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