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 ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...
We've looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
In today’s analysis, I will show you three great trading occasions involving a very reliable trading pattern – the triangle. There are three main variations of this pattern: symmetric, ascending and ...
Resistance at the 20-Day MA holds crude oil back, while triangle and wedge patterns signal potential volatility spikes before the year ends. Volatility in crude oil continues to diminish as price ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...