Technical_Analysis_page_353

Technical | Analysis page 353 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

324 Part IV Chart Pattern Analysis Breakout Throwback S— Climax Trough (Panic) FIGURE 15.12 Declining wedge with breakout up from climax trough At a climax peak, when the test is a rising wedge pattern, the odds are extremely high that the breakout will be downward. Because the emotion and…