What Is Symmetrical Triangle?
A Symmetrical Triangle is a chart pattern where converging trendlines connect lower highs and higher lows, forming a triangle shape. It represents consolidation and can break in either direction.
Win Rate
60%
Avg Move
Triangle height
Best TF
4H/Daily
NeutralChart FormationMany CandlesIntermediateModerate Reliability
Key Characteristics
- Converging trendlines (lower highs, higher lows)
- Volume decreases as the pattern develops
- Can break in either direction
- Often continues the prior trend (about 60%)
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