There are many price patterns that we can find on the candle charts but only a handful are as reliable as the Triangle or Wedge pattern. The idea behind this trading strategy is really very simple. We monitor the battle between the buyers and sellers, wait for one of them to cross the line, then put our money on the side that is winning the battle. I’ve produced a video that highlights the idea behing this price pattern which can be found on our educational video link. Before you place your trade it would be a good idea to watch the video so you can understand the strategy.
Equity Oracle: 02/03/2012
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