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

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation 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 ...

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 ...

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.

Symmetrical triangles form when buying and selling pressure is at equilibrium Forex symmetrical triangles usually precede a major price move GBPUSD is currently trading within a symmetrical triangle ...

(MENAFN- DailyFX) What is a triangle pattern? A forex triangle pattern is a consolidation pattern that occurs mid-trend and usually signals a continuation of the existing trend. The triangle chart ...