Technical_Analysis_page_287

Technical | Analysis page 287 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

258 Part Ill. Trend Analysis Point or Percent Filter Another confirmation method is to establish a breakout zone either a certain number or fraction of points or percentage beyond the breakout level, as pictured in Figure 13.3. The theory is that if the price can penetrate the breakout level and a…