Trading with Triangle (5)

Using the predetermined profit objective determined by measuring the triangle then projecting that amount higher or lower depending on which direction prices take is more powerful than you might think! Just look at the July coffee chart to see how prices reversed just after our profit objective was met!
Don't overlook the power of these chart patterns and their incredible accuracy!
Just like in gold, the coffee market took a break then moved higher once again. We didn't worry about fundamentals or why the market made its move, we just knew that it would because triangle chart patterns always do produce a price move and we were ready to profit from it.