First time poster here, be kind. I thought I would start a thread about a geometry trading strategy I stumbled across and apply it to the Australian Stock Exchange, The strategy consists of 3 price patterns. I will go through each as I find the setups. But the first stock I looked at was Bendigo Bank (I'm from Bendigo). Initially I thought the chances of finding one these 3 patterns would be slim, but I found one that resulted in a decline in the stock from the start of the year. Looking at this pattern it appears to be alot like a wolfe wave or an ending diagonal yet the pattern uses channels to gauge the end point of wave 5. Here is the chart.
Still lots of backtesting to do...more to come as I investigate some more...