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 ...
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 ...
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 ...
Symmetrical triangle patterns signal indecision—Will Bitcoin, Ethereum, and Ripple follow the Dow's lead? Over the past seven weeks, Bitcoin (BTC) has formed a symmetrical triangle pattern with lower ...
Cryptocurrency trading can feel like you’re navigating a maze without a map. With digital assets’ prices swinging wildly, understanding crypto chart patterns becomes your secret weapon. These patterns ...