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.