abipandaswim

CBOE Education daily chart

Education
AMEX:CBOE   Cboe Global Markets, Inc.
I just realized something crazy about a week ago. It also kinda makes sense though. If you know about this already than good for you but I haven’t heard people talking much about it so I’m pretty sure that this will be helpful to quite a lot of people.

If a bullish ascending triangle creates a false breakout than it becomes a falling wedge (which is a bearish pattern).
This might not always be the case but from my understanding, this is what happens most of the time.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.