Buying signals from the lesser triangle…

Posted on May 14, 2018 by in Uncategorized

http://schrts.co/LjZ3YN

Prices fell out of the first triangle to immediately form a lesssor triangle  mysteriously missing its apex (an artifact of technology — don’t worry the apex is there,  just not yet apparent).

What is apparent is the eruption of prices out of the triangle.  The breakout has all the credentials of a valid breakout.  We will be more comfortable when prices make a new high, but until then there is only one prescription from the chart:  buy.

We bought the first tranche of a scale-in plan — very small.

 

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