Symmetric Bullish Triangle

1 thg 11, 2019

It is composed of a zigzag movement phase where we can observe at least two ascending relative minimums, corresponding to points C and D of the graph, (through which we pass an uptrend line) and at least two relative descending maximums corresponding to points A and B on the graph, (through which we pass a downtrend line). In this case a decrease in volume occurs along the triangle, in relation to previous moments. Similarly, the profit-taking zone is shown, which is calculated with the extrapolation of the PQ segment at the point of rupture.
Temporality in days for the QQQ financial instrument (Powershares QQQ Nasdaq 100) in August 2018.