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Expanding triangle. Expanding triangle means 5 or more reversals in a trading range with either 2 higher highs and 1 lower low or 1 lower high and 2 lower lows. ET is also discussed in encyclopedia Part 15. The important things about ET are that it is a breakout pattern ([[BOM]]) | Expanding triangle. Expanding triangle means 5 or more reversals in a trading range with either 2 higher highs and 1 lower low or 1 lower high and 2 lower lows. ET is also discussed in encyclopedia Part 15. The important things about ET are: | ||
* that it is a breakout pattern ([[BOM]]) | |||
* it is an OO on HFT. | |||