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发表于 2010-5-24 10:43 AM
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The inverse ascending triangle is originally called Megaphone pattern, but Megaphone has 3 highs and 2 lows. If the third low breaks down, then its a bearish pattern. But we have > 3 highs and > 2 lows. From my point of view, there is another bounce back to another high. If we breaks down this time, there will be a big downtrend coming since the swing is becoming big. That also means we will see a new high if we bounce back.
This pattern is just my invention  |
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