Re: 03.11: Descending Triangle On 4hr Bitcoin Chart To Look Out For?
Yup. Not too difficult since the charts are littered with them and 75-80% turn out to be bearish patterns to make more satoshis from 
Thomas Bulkowski disagrees.
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Breakout: Can be in any direction but is upward 53% of the time.
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If price rises into the pattern it breaks out upward 63% of the time.
Where does it says Thomas disagrees with this theory?
As far as I can tell, this backtesting has nothing to do with Bitcoin. I assume it's regarding traditional markets?
I was referring to studying Bitcoin's descending triangles, couldn't care about the rest, it's must less predictable.