I read that one should be vary when Ascending Trinagle appears at the end of a bullish cycle and Descending at the end of a bearish cycle. To spot this, one has to look at the weekly/monthly charts I suppose. I remember reading something like that about Head and Shoulders as well.
Is this true for all area patterns or only particular patterns. Traderji, kindly specify.
Is this true for all area patterns or only particular patterns. Traderji, kindly specify.