MightyOne wrote:[s] You both win a cookie [/s]
A horizontal channel is wider than an angled channel.
A small angle has a wider channel than a large angle.
I will leave it to you do guesstimate how you would use this information.
I don't think in angles unless they are 0 or 90.
A parabolic move will be a steeper angle, have much less up/down movement , reverse it's direction more quickly (at least a short distance unless it's friday when price usually "sticks", and usually as you say, show up on the smaller time frames.
That is unless you get some fundamental catastrophe like this:
Monthly charts.....
Or this: