We’ve looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
EUR/CAD is completing a Symmetrical Triangle pattern on the weekly chart. A breakout is expected – probably quite soon – leading to a volatile directional move higher or lower. Given the move prior to ...
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Crude oil tests key trendlines within a symmetrical triangle pattern, signaling a pending breakout that could determine the next major market move. Crude oil continued to consolidate on Thursday ...
XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout as its price chart forms a symmetrical triangle pattern alongside other bullish technical indicators. XRP has ...
We have a symmetrical triangle forming on the Daily USDJPY, which can be seen clearly now on the 240 minute chart I've posted below. The trend on the daily chart is higher, as is the primary trend on ...