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.

The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. These ...

Discover how to identify key stock chart patterns, like trends and signals, to gain trading insights. Learn expert tips for ...

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, ...

India, June 23 -- 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 ...

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 ...