Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
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.
Continuing with the classic chart patterns, we will be discussing Triangles. There are three types of triangles - Ascending, Descending and Symmetrical Triangle. An Ascending Triangle is a bullish ...
The triangle pattern looks like a triangle. It forms in the middle of a trend. The triangle pattern forms because investors think that the stock price won’t go much higher in an uptrend or lower in a ...
A triangle is a pattern that appears on a price chart including forex, cryptocurrency, oil and gas. Triangles develop in short term and long-term time frames and are created by drawing trendlines ...