Technical_Analysis_page_341

Technical | Analysis page 341 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

312 Part IV Chart Pattern Analysis predicting the direction of eventual breakout depending on the breakout direction. More than half the time, prices throw back or pull back to the breakout zone, providing another action point but one with less profit potential. Edwards and Magee estimated that…