Breakout Position in Yearly Price Range for Chart Patterns

Question 1

High means?

Answer 1

The pattern performs best when the breakout is within a third of the yearly high

Question 2

Low means?

Answer 2

The pattern performs best when the breakout is within a third of the yearly low

Question 3

Middle means?

Answer 3

The pattern performs best when is in the final third

Question 4

Broadening Bottoms, downward breakout

Performs Best Where?

Answer 4

LOW

Question 5

Broadening Bottoms, upward breakout

Performs Best Where?

Answer 5

HIGH

Question 6

Broadening Formations, Right-Angled and Ascending, downward breakout

Performs Best Where?

Answer 6

LOW

Question 7

Broadening Formations, Right-Angled and Ascending, upward breakout

Performs Best Where?

Answer 7

Middle, HIGH

Question 8

Broadening Formations, Right-Angled and Descending, upward breakout

Performs Best Where?

Answer 8

Middle

Question 9

Broadening Tops, downward breakout

Answer 9

LOW

Question 10

Broadening Tops, upward breakout

Answer 10

HIGH

Question 11

Broadening Wedges, Ascending, downward breakout

Answer 11

Low

Question 12

Broadening Wedges, Ascending, upward breakout

Answer 12

Middle High

Question 13

Broadening Wedges, Descending, downward breakout

Answer 13

LOW

Question 14

Broadening Wedges, Descending, upward breakout

Answer 14

Low, Middle, High

Question 15

Diamond Bottoms, downward breakout

Answer 15

LOW

Question 16

Diamond Bottoms, upward breakout

Answer 16

LOW

Question 17

Diamond Tops, downward breakout

Answer 17

LOW, Middle

Question 18

Diamond Tops, upward breakout

Answer 18

Middle

Question 19

Duble Bottoms, Adam & Adam, upward breakout

Answer 19

LOW

Question 20

Double Bottoms, Adam & Eve, upward Breakout

Answer 20

HIGH

Question 21

Double Bottoms, Eve & Adam, upward breakout

Answer 21

LOW

Question 22

Double Bottoms, Eve & Eve, upward breakout

Answer 22

LOW

Question 23

Double Tops, Adam & Adam, downward breakout

Answer 23

HIGH

Question 24

Double Tops, Adam & Eve, downward breakout

Answer 24

Middle

Question 25

Double Tops, Eve & Adam, downward breakout

Answer 25

LOW, HIGH

Question 26

Double Tops, Eve & Eve, downward breakout

Answer 26

HIGH

Question 27

Flags, downward breakout

Answer 27

LOW

Question 28

Flags, upward breakout

Answer 28

HIGH

Question 29

Flags, High and Tight, upward breakout

Answer 29

MIDDLE

Question 30

Head-and-Shoulders Bottoms, upward breakout

Answer 30

HIGH

Question 31

Head-and-Shoulders Bottoms, Complex, upward breakout

Answer 31

MIDDLE

Question 32

Head-and-Shoulders Tops, downward breakout

Answer 32

MIDDLE

Question 33

Head-and-Shoulders Tops, Complex, downward breakout

Answer 33

MIDDLE

Question 34

Pennants, downward breakout

Answer 34

LOW

Question 35

Pennants, upward breakout

Answer 35

LOW

Question 36

Rounding Bottoms, upward breakout

Answer 36

HIGH

Question 37

Scallops, Ascending and Inverted, upward breakout

Answer 37

LOW

Question 38

Three Rising Valleys, upward breakout

Answer 38

HIGH

Question 39

Triangles, Ascending, downward breakout

Answer 39

LOW, Middle

Question 40

Triangles, Ascending, upward breakout

Answer 40

HIGH

Question 41

Triangles, Descending, downward breakout

Answer 41

LOW

Question 42

Triangles, Descending, upward breakout

Answer 42

LOW, HIGH

Question 43

Triangles, Symmetrical, downward breakout

Answer 43

LOW

Question 44

Triangles, Symmetrical, upward breakout

Answer 44

LOW

Question 45

Triple Bottoms, upward breakout

Answer 45

MIDDLE

Question 46

Triple Tops, downward breakout

Answer 46

HIGH

Question 47

Pipe Bottom, upward breakout

Answer 47

HIGH

Question 48

Pipe Bottom, downward breakout

Answer 48

LOW

Question 49

Totals for upward breakouts: High: 13 Middle: 7 Low: 9 Totals for downward breakouts: High: 5 Middle: 6 Low: 14 What the numbers shows?

Answer 49

Shows that upwards breakouts performs best within a third of the yearly high Downward breakouts perform best within a third of the yearly low. So buy stocks making new highs and sell them short when they make new lows