err... di ba kasi temporary pause lang yan kasi profit taking? so wedges cannot be the same as triangles, if this is found on the weeklies, then it's a downtrend consolidation or a range.
teka, medyo hinalo mo na ang psychology of the wedges with the time frame required for a legit wedge.
All continuation patterns are pauses in the trend, whether intermediate in nature or short term. Ang wedge ay isa pang klaseng triangle na iba lang ang psychology. But as far as time frame required, a wedge is intermediate in nature.
Only flags & pennants are 3 weeks max in the making. Pero tingnan nga natin ano ang sabi ni Lolo John Murphy.
