Symmetrical Triangles chart pattern | Forex Beginning - Forex for beginners

Symmetrical triangles

Symmetrical Triangles Chart Pattern

Symmetrical triangles are such patterns where the slope of the priceline’s highs and the slope of the priceline’s lows come together into a point. The whole thing looks like a triangle. Basically, the market keeps making lower highs and higher lows, and gets itself in a corner, so to speak, at which point the price will burst out – either upwards or downwards. Who knows what direction the breakout will be? Search us! But we surely know that the market is gonna break out.