It has been a while since I've seen a definition perfect triangle...
I was flipping through my charts and was greeted with this:
"Symmetrical Triangle"
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What the hell is a "Symmetrical Triangle"?:
A 'Symmetrical Triangle' is a continuation/consolidation pattern that breaks in the (you guessed it) "direction of the trend..(but doesn't "have to") The Triangle differs from a "pennant" or "wedge" by the price range and time it takes to form.
I was flipping through my charts and was greeted with this:
"Symmetrical Triangle"
-------------------------
What the hell is a "Symmetrical Triangle"?:
A 'Symmetrical Triangle' is a continuation/consolidation pattern that breaks in the (you guessed it) "direction of the trend..(but doesn't "have to") The Triangle differs from a "pennant" or "wedge" by the price range and time it takes to form.
