elliottwaves-trading Would you consider that the termination of a horizontal triangle has more chances to start a profitable trade that a common non-overlapping impulsive pattern?

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Would you consider that the termination of a horizontal triangle has more chances to start a profitable trade that a common non-overlapping impulsive pattern?

The answer is yes… Trading the failed wave (e): W4 represents an under-throw trade. The technique is revealed by an attentive monitoring of the terminal portion of a horizontal triangle. The longer the duration, the more powerful the following wave W5 will be.