Descending Triangle Video Clip

The speaker talks about a descending triangle pattern.  The descending triangle has a flat horizontal support line with a descending upper trend line which contains the price.  The price projection of the descending triangle after it breaks through the supply line is equal to the breakout price plus the longest distance (supply line - demand line) in the triangle. 
Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Tradingsim.com
Day Trading Simulator

Tradingsim.com provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

Send this article to a friend.

Enter multiple addresses on separate lines or separate them with commas.