
Technical | Analysis page 379 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
350 Part IV Chart Pattern Analysis Rising Bottom Declining Top TT x >x) Buy xOX XX X/0 X/0) OX O|X (o}b fe) OX |O|X oO |0 bale) ——> 0) Sell [e) FIGURE 16.12 Rising bottom and declining to Davis claimed that the rising bottom was profitable 80.4% of the time, and the declining top was profitable…