Chart pattern · Continuation · Neutral
What is it, in one line
A sharp move, the pole, followed by a small symmetrical triangle before the move resumes.
Neutral · Continuation · verdict: Traditional claim, not yet measured here
A sharp move, the pole, followed by a small symmetrical triangle before the move resumes.
Method
Conventional target: A break in the prior direction projects a move equal to the pole’s length.
Invalidated by: A break against the prior trend invalidates the pattern.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.