Symmetrical Triangle Chart Pattern

Basic Chart Patterns: Symmetrical Triangle Chart Pattern

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Symmetrical Triangle Chart Pattern

Welcome to post #3 of the Basic Chart Patterns Series (2018) – Symmetrical Triangle Chart Pattern

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In this post, you will learn what the symmetrical triangle pattern is and how to trade the pattern.

Symmetrical Triangle Chart Pattern

Symmetrical Triangle Definition

The Symmetrical Triangle is a price pattern that occurs when neither the buyers nor sellers are in control causing prices to stay within a range shaped like a triangle with prices making lower highs and higher lows.

 

how to identify symmetrical triangle chart pattern

 

Symmetrical Triangle Support & Resistance

As a trader, you can usually identify the pattern as prices trade between two trendlines which act support and resistance, preventing prices from moving higher or lower.

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