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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.
- 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 ...
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 ...
One of the important criteria to bear in mind when trading triangles is that there should be at least 4 points of reaction within the triangle. The triangle pattern is believed to be one of the most ...