Turning Triangle Patterns into Potential Profit

Triangles are easy to recognize and apply. There are ascending, descending, and symmetrical triangles as well as wedges and flags. I combine them and call them all triangles. I believe triangles have no directional bias. They alert us to a breakout and then what to expect when that breakout occurs.
Traders who follow the particular triangles' directional bias will find that they are disappointed as I will show you in class, the predisposed direction signals are just about a 50% success ratio. What triangles do exceptionally well is giving up a buy or sell opportunity as price breaks the support or resistance levels as price moves into the triangle's apex. We can also set target points, stop losses, and entry points.
Intermediate, Advanced, Technical Analysis, forex, cryptocurrency, commodities, stocks, CFDs
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