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Megaphone phone dating

Ideally, the second of three touches will touch (instead of coming 'close' to) the trendline.This avoids the identification problem where price forms an up-sloping channel with an upward spike at pattern's end.

The figure on the right shows an example of a broadening top chart pattern.A pullback ensues, allowing price to recover and traders to exit before the decline resumes.Price attempts to return to the launch point A in late September, but does not make it.Please read the entire Privacy Policy before using our Services.By using the Services, you consent to the terms of this Privacy Policy and our Terms of Service.

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