Discover how symmetrical triangle patterns can help predict price movements in both uptrends and downtrends, and learn how to trade them effectively. A symmetrical triangle is a popular chart pattern ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...
What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that indicates a continuation of a downtrend or a consolidation phase within an uptrend. Recognizable by a ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...
Ascending triangle is a bullish continuation pattern, typically regarded as a healthy correction for long-term market trends. Recognising the pattern and breakout can aid a trader in looking for good ...