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Three-Bar Triangle

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Linda Raschke has discussed this in public webinars that can be found on her youtube channel. She mentioned picking it up from Richard Dennis of the Turtle method.

It's a potential consolidation indicator to identify turning points and continuations. Best used on the daily chart with the confluence of a short term momentum indicator. After a signal, break of low or high of previous day might indicate trend direction for the day.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.