1 min or 2 mins or whatever. up till noon, it is a very clear symmetrical triangle.
I don't like to play symmetrical triangle. one will whipsaw a lot with bit of wrong. You can see this afternoon trading especially last hour.
Even rising/decline triangle are not worth much to trade. your boss likes rising triangle a lot for break out. in a bull market it is arguleable. but in a bear market one must very cautious about up side break out.
wedge and parabolic curves are much more reliable patterns to trade.
|