The symmetrical triangle pattern trading strategy utilizes price action which is a form of technical analysis and is based on the symmetrical triangle- mostly considered a continuation pattern. When a symmetrical triangle formation is formed on the chart, it indicates a period of consolidation in a trend and after that, the trend may resume. The Symmetrical […]

The double top chart pattern is a reversal pattern that can be seen in all time frames. It often forms when price has moved up for an extended amount of time, forms resistance, pulls back and as traders try to get in on another leg, price stalls at the previous swing high. Once traders see the […]