What is a Symmetrical Triangle?

Aggiornato
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.

KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Trade attivo
istantanea
Nota
update
ATOMUSDT - How do you think it will grow?
Trade chiuso: obiettivo raggiunto
istantanea
ATOMATOMUSDTeducationaleducationaltradeMultiple Time Frame AnalysisSupply and DemandSupport and Resistance

Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading

🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy

🔷YouTube 👉 bit.ly/YouTube__Lessons
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità