Vantage FX (www.vantagefx.co.uk) begin a new series of Chart Analysis with this week's focus being on recognising and using Chart Patterns. Triangles Part 1 of the Chart Patterns series looks at Triangles including Symmetrical and Right-Angle Triangles, as well as some more obscure shaped Triangles. The recognition of these shapes is covered, but we also look at things to look out for with Triangles, including entry and exit points. Plus, we look at how projections can be drawn from Triangles using Fibonacci numbers to offer possible price target levels.
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