aldomcfaldo wrote:MightyOne wrote:Just some analysis, no opinions offered
What does 'H' and 'HH' mean in this picture MO? Is it simply High and Higher High? Thanks
"H" for "hook", when you see two then you have a triangle.
Breakouts help define triangles because breakouts are never part of the triangle.
Price breaks out ("BO"), price breaks in ("BI"), & price moves to zero out profit.