Symmetrical triangle is a kind of a chart pattern formed by a consolidating price, whose trading range narrows down with time, confined between support and resistance lines, which are sloped symmetrically. Symmetrical triangles are trend continuation patterns with a breakout in the direction of the pre-consolidation price movement offering a viable trading opportunity. The posts below provide detailed examples of trades based on symmetrical triangle patterns.
2020
- Downward Biased Symmetrical Triangle on GBP/CAD
- Will AUD/NZD Symmetrical Triangle Consolidation End in a Breakout?
2019
- GBP/CHF Consolidates in Symmetrical Triangle on Daily
- Will EUR/USD Continue Its Recovery After This Symmetrical Triangle?
- USD/JPY Formed Short-Term Symmetrical Triangle
2018
- EUR/USD in Short-Term Symmetrical Triangle on Daily
- CAD/CHF Consolidated in Symmetrical Triangle After Rally
- EUR/USD Formed Symmetrical Triangle on Daily Chart
- EUR/AUD Consolidated in Symmetrical Triangle Following Uptrend
- British Pound in Uptrend Consolidation vs. Aussie
2017
- GBP/USD in Month-Long Symmetrical Triangle on H4
- Mix of Symmetrical and Ascending Triangle on Daily Chart of GBP/NZD
- GBP/NZD Consolidates in a Symmetrical Triangle After a Fall
- GBP/JPY — Another Pound Pair Consolidates in Symmetrical Triangle
- GBP/CHF Consolidated in Triangle, Ready for Breakout
2016
- AUD/USD in a Symmetrical Triangle on H4 Chart
- Mixed Symmetrical/Descending Triangle on Weekly Chart of USD/JPY
- CAD/JPY Consolidates in Symmetrical Triangle on Daily Timeframe
- Euro in Symmetrical Triangle Consolidation vs. New Zealand Dollar
- AUD/JPY — Symmetrical Triangle After Short-Term Uptrend
2015
2014
- It Is CAD/CHF Again, Now with Symmetrical Triangle
- Symmetrical Triangle — Further Uptrend Possible on CHF/JPY