Important: Even though the triangle broke up, it didn't make it between two thirds to three quarters of the horizontal width of the triangle. If prices remain within the triangle beyond the three quarters point, the triangle begins to lose its potency, and usually means that prices will continue to drift out to the apex and beyond.
Textual of the book: Technical Analysis of the Financial Markets J.J. Murphy
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Textual of the book: Technical Analysis of the Financial Markets J.J. Murphy