November 2012
Intermediate to advanced
352 pages
7h 45m
English
Content preview from Visual Guide to Chart Patterns
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Triangle Apex Sell Signal
This chapter discusses the triangle apex sell signal, a method I have mentioned throughout this book, but one I wanted to dedicate some time to.
When any of the three varieties of triangles—ascending, descending, or symmetrical—are drawn on a chart, their apex can signal a turn in the price movement. The apex is the point where the two converging trendlines meet. Exhibit 26.1 shows examples.
Look at descending triangle A in the middle of the chart. Directly above the apex, I have drawn a blue line to A. Notice that the line meets the peak—a short-term turning point.
Descending triangle B, to the left, is not as successful ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.