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.

A continuation pattern is an indication that a price trend in the financial markets will continue even after the pattern ...

- Traders can look for the breakout from the symmetrical triangle to signal the continuation of the USDMXN thrust higher What is a symmetrical triangle pattern? A symmetrical triangle pattern is ...

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 ...

Trend Identification & Analysis: How to Read the Market’s Footprints Before the Crowd Does Gold remains trapped within a symmetrical triangle, with resistance at key moving averages stalling momentum.

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 ...