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.
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 ...
ETH consolidates within a bullish symmetrical triangle. A break above $2,620 could confirm a bullish phase. The first rally target is $3,500 if momentum sustains. Ethereum’s price currently sits at a ...
India, Feb. 20 -- A symmetrical triangle forms when price consolidates within converging highs and lows. A breakout above the upper trendline, preferably on increased volume, indicates a potential ...