Comments on: The Ascending Triangle and Breakout to New Highs in Crude Oil Jan 6 http://blog.afraidtotrade.com/the-ascending-triangle-and-breakout-to-new-highs-in-crude-oil-jan-6/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Paul http://blog.afraidtotrade.com/the-ascending-triangle-and-breakout-to-new-highs-in-crude-oil-jan-6/comment-page-1/#comment-212799 Paul Sun, 10 Jan 2010 23:29:19 +0000 http://blog.afraidtotrade.com/?p=5335#comment-212799 Hi, <br><br>Ref: The Ascending Triangle and Breakout to New Highs in Crude Oil Jan 6 - I have a question (as I am a rookie at patterns - do bear with me :-) )<br><br>To me it looks like an rising wedge - almost about to complete and will result in fall - cause if you take that horizontal line of the rt. Angle Triangle and make it touch the peaks of June and Mid October and then extend it - its a wedge right?<br><br>Am Confused - as to why you call it Ascending Triangle - so can you clarify ?<br><br>Many Thanks<br><br>Paul Hi,

Ref: The Ascending Triangle and Breakout to New Highs in Crude Oil Jan 6 – I have a question (as I am a rookie at patterns – do bear with me :-) )

To me it looks like an rising wedge – almost about to complete and will result in fall – cause if you take that horizontal line of the rt. Angle Triangle and make it touch the peaks of June and Mid October and then extend it – its a wedge right?

Am Confused – as to why you call it Ascending Triangle – so can you clarify ?

Many Thanks

Paul

]]> By: Paul http://blog.afraidtotrade.com/the-ascending-triangle-and-breakout-to-new-highs-in-crude-oil-jan-6/comment-page-1/#comment-211842 Paul Sun, 10 Jan 2010 17:29:19 +0000 http://blog.afraidtotrade.com/?p=5335#comment-211842 Hi, <br><br>Ref: The Ascending Triangle and Breakout to New Highs in Crude Oil Jan 6 - I have a question (as I am a rookie at patterns - do bear with me :-) )<br><br>To me it looks like an rising wedge - almost about to complete and will result in fall - cause if you take that horizontal line of the rt. Angle Triangle and make it touch the peaks of June and Mid October and then extend it - its a wedge right?<br><br>Am Confused - as to why you call it Ascending Triangle - so can you clarify ?<br><br>Many Thanks<br><br>Paul Hi,

Ref: The Ascending Triangle and Breakout to New Highs in Crude Oil Jan 6 – I have a question (as I am a rookie at patterns – do bear with me :-) )

To me it looks like an rising wedge – almost about to complete and will result in fall – cause if you take that horizontal line of the rt. Angle Triangle and make it touch the peaks of June and Mid October and then extend it – its a wedge right?

Am Confused – as to why you call it Ascending Triangle – so can you clarify ?

Many Thanks

Paul

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