How Often Do Descending Triangles Break Down? The Truth
Most traders believe descending triangles break to the downside more often than not. They’re wrong—or at least, they’re only half-right. The actual data tells a more complicated story, ...
Source: BitCoinTalk
Most traders believe descending triangles break to the downside more often than not. They’re wrong—or at least, they’re only half-right. The actual data tells a more complicated story, and believing the myth has cost traders money for decades. The truth: descending triangles break down somewhere between 64% and 75% of the time, depending on which…