Showing posts with label ascending triangle. Show all posts
Showing posts with label ascending triangle. Show all posts

Wednesday, November 19, 2008

Ascending Triangle - Possible 700 Pips Profit












Previous Trend - Bears (4Hr).
Current Status: Price Consolidate & Membentuk Ascending Triangle.
Price within 1/3 of patterns (favorite area untuk breakout berlaku soon)..

Posible entry: Pullback after Patterns Breakout... Mungkin MPC News akan bagi surprise.

Thursday, June 26, 2008

Ascending triangle















Ascending triangle in 15M Chart.. biasanya Bull sign.. menunggu pecah atas atau bawah..

Monday, June 16, 2008

Confirmation of Bullish Ascending Triangle












Confirmation of Bullish Pattern Breakout - remember; significant breakout if you see "Hot Knife Cut Butter" Candle... My next target 213.50 before price start to retrace and then move up to see previous head and shoulder trendline.

Saturday, June 14, 2008

Ascending Triangle














We have nice ascending triangle pattern on daily... Now you can see ascending triangle in 15M, 1Hr and 4Hr... Initially i thought symmetrical triangle... At the moment im bullish bias... I expect price to reach 213.50 next week, if we have momentum support from weekly chart...

I will update weekly momentum, daily momentum and 12hr momentum after 8.00 am; monday, Kuala Lumpur time...

Wednesday, June 11, 2008

Ascending Base In Action...












If i trade what i see.. then i see ascending base in action... Just wait n see.