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SYMMETRICAL TRIANGLES
[back to Triangles] [110303]
[032103] [DAX 060104]
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110303.........3 price
patterns shown here.
- 1- 101603 Head and Shoulder - 3 choices for entry, A-
anticipate at right shoulder = MOF on some
time frame, B- Neckline Break, C- retest of neckline
- 2- 102803 Reverse Head and Shoulder-- same 3 choices of entry.
The retest again occurs days after initial entry and did not kiss
neck this time. If you saw the original reverse Head and Shoulder
you would be thinking of entry in this "zone" area and
used other techniques to get long again or add-on on smaller time
frames. In fact, it would have accounted for more than 1 setup on
the pullback retest neckline. Target awaits.
- 3- 110303 Symmetrical Triangle
awaiting breakout with 2 projected price objectives. Hit the H&S
target, came within a point of Triangle target then a Expanding
triangle formed for a short
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| 032103 NQ Weekly Symmetrical Triangle
breakouts out then retests 2 days later. Reaches target 082203. Slowed
down by BrachZone... 162% fib extension
target awaits. |
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miracles,
they are everywhere.............. 