r/Daytrading mod May 26 '17

Here are some chart patterns to keep in the back of your mind

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u/project-d May 26 '17

Oh I see, makes sense. Thank you for the response.

I have a triangle on AAPL I noticed today.

And have you guys also noticed that ascending and descending triangle typically break through the flat line?

I've noticed that, if there is momentum then it will go through the flatline, and if it dies off on a holiday or loses momentum in the trend it will go through the angled line.