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Symmetrical Triangle
Neutral pattern with symmetrical converging lines. Breakout can be bullish or bearish.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: Medium
- Timeframes: 1H, 4H, D
- Continuation Pattern · Neutral
How to Trade
- Identify converging trendlines
- Wait for clear breakout in either direction
- Entry in breakout direction
- Stop loss on opposite side of triangle
- Target: triangle height projected