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Topic: Verge on Track for Strong Uptrend?? (Read 56 times)

newbie
Activity: 2
Merit: 0
January 06, 2018, 01:32:46 AM
#1
Came across this triangle pattern seen in the chart of verge.


"A symmetrical triangle is generally regarded as a period of consolidation before the price moves beyond one of the identified trend lines...The sharp price price movement that often follows a breakout of this formation can be captured by traders who are able to identify the trend early."

Thoughts?


https://imgur.com/a/OO95i?

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