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TECHNICAL ANALYSIS : CHAPTER 6 : CONTINUATION PATTERNS {PART-1}

NSE:NIFTY   Nifty 50 Index
DEAR ALL , READ IT AND HIT LIKE BUTTON IF YOU FIND IT INTERESTING . BE HAPPY ... GOOD LUCK IN SHARE MARKETS !!!

WITH REGARDS ,
KBMJ
RESEARCH ANALYST
Sir, pls explain the way to calculate the target of an expanding triangle, thanks in advance
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kbmj dasAbhishek
@dasAbhishek Sir , Follow the trend and Wait for Break-Out or Break-Down ... If One of them exists , Measure the distance of the Break-Out Price to Lowest Price and Add it to Break-Out Price , That is the formula to calculate the target ... This is A Rare Pattern but is Useful ... :)
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@kbmj, Thanks, for the additional info "Rare Pattern". In fact i recently observed the expanding triangle pattern on the charts of Marico, but was confused apropos the resultant of price action
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