Quote from Spectre2007:
compression triangle with trendline probability breaking up. A brief test down (spike down/head) ...and spike back up to break DT trendline.
Quote from kinggyppo:
there is an indicator called zigzag% in TS, you can show the swings with that, makes it easy to identify obvious patterns like M top etc.
Quote from Spectre2007:
I've tried it before, it doesnt register in my brain the same inclination for price movement, all the zig zags seem to create too much noise for my brain to zero in on.