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.

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 ...

In the symmetrical triangle pattern, one trend line connects the consecutive peaks and another trend line connects the consecutive bottoms. Both of the trend line meets to form a triangle. This ...

He referred to Bulkowski’s theory on patterns and stated that approximately 48% of symmetrical triangles would bust. And, out of that 48% that bust, 67% will single bust. Furthermore, he stated that a ...

Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...