by Thomas N. Bulkowski
In this revised and expanded second edition of the bestselling
Encyclopedia of Chart Patterns, Thomas Bulkowski updates the classic
with new performance statistics for both bull and bear markets and 23
new patterns, including a second section devoted to ten event patterns.
Bulkowski tells you how to trade the significant events -- such as
quarterly earnings announcements, retail sales, stock upgrades and
downgrades -- that shape today?s trading and uses statistics to back up
his approach. This comprehensive new edition is a must-have reference if
you're a technical investor or trader. Place your order today.
"The most complete reference to chart patterns available. It goes where
no one has gone before. Bulkowski gives hard data on how good and bad
the patterns are. A must-read for anyone that's ever looked at a chart
and wondered what was happening."
Thomas Bulkowski in his book, Encyclopedia of Chart Patterns stated that
symmetrical triangles meet their upside targets 66% of the time.
However, the recent GBPJPY triangle that was posted in my March 4th 2014
article was part of the 33% of triangle breakout failures.
Video Tutorial on How To Trade Descending Triangle Chart Patterns :