So, the idea was to catch the very top of the last diagonal before the market was going to make a break out of the pattern. (The break was supposed to be on the downside because the direction of the main diagonal was up). In order to catch this very top I had to figure out where it is likely to top out. For that purpose I first connected the very top and the very bottom of the main diagonal like this:
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Measure twice, cut once
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Measure twice, cut once
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Measure twice, cut once
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Measure twice, cut once
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All I ask is a chance to prove that money can't make me happy.
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Trust price. Know yourself.
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Trust price. Know yourself.