#expanding triangle

Have You Seen this Rare “Expanding Triangle” Pattern?



The expanding triangle is one of those rare chart patterns which we seldom see, so many traders are unsure how to react upon seeing them.

But when you do find them, they provide great trading opportunities for high reward and low risk trades.

So, what are the 3 main strategies to tackle this chart pattern?

Enjoy the video! 😀

Know how to forecast the next price movement using the Elliott wave corrective triangle patterns like an expert. Discover the secrets of the Elliott wave triangles and apply them to better your wave trading strategies today. This tutorial is also a demonstration of a real market forecast using the Elliott wave triangles from a different angle.

STI Index – Artistic Charts (Expanding Triangle Pattern)

This is a critical point for the STI Index, after 8 consecutive up bars in an expanding triangle. It could go one of 2 ways from here, so I’ll be watching closely:

1) Form a bull flag and break to new highs 2) Fall back to the bottom of the expanding triangle

Either way, the RR (reward-risk) will be good if we get in early.

For those in the private forum, stay tuned! :D