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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: | ABO: 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. | ||
BPAP: ET is also discussed in encyclopedia Part 15. The important things about ET are: | |||
* It is a breakout pattern ([[BOM]]) | * It is a breakout pattern ([[BOM]]) | ||
* It is an [[OO]] on [[HTF]]. | * It is an [[OO]] on [[HTF]]. | ||
See more about ET here [[Book:CHAPTER 6 Expanding Triangles]]. | |||
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