Technical_Analysis_page_342

Technical | Analysis page 342 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 15 Bar Chart Patterns 313 A target can be calculated by adding the height of the rectangle formation to the breakout price. According to Bulkowski, in rectangles, the upward target is reached or exceeded 91%-93% of the time, and in downward breakouts, the target is reached or exceeded…