A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs.

A triangle is a continuation pattern used in technical analysis that looks like a triangle on a price chart.

Master the triangle chart pattern, learn how to identify, analyze, and trade this essential pattern for successful trading.

Discover how symmetrical triangle patterns can help predict price movements in both uptrends and downtrends, and learn how to trade them effectively. A symmetrical triangle is a popular chart pattern ...

Discover how symmetrical triangle patterns can help predict price movements in both uptrends and downtrends, and learn how to trade them effectively. A symmetrical triangle is a popular chart pattern ...

Triangle patterns, which include ascending, descending, and symmetrical triangles, are continuation patterns that can signal the direction of the ongoing trend once the pattern is complete.

As symmetrical triangles are inclined to continuation break patterns, it climbs or descends in the direction of the starting moves before the triangle is formed.

The symmetrical triangle can be viewed as the starting point for all variations of the triangle pattern. As the name suggests, a triangle can be seen after drawing two converging trendlines on a ...

A breakout strategy is one most used to trade the symmetrical triangle pattern, although some traders may attempt to trade within the triangle buying at support and selling at resistance.