How to Trade Symmetrical Triangles like a Pro 💡

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The triangle is a very neat pattern, combining price and time in a close relationship. The trendlines which give the price boundaries of the pattern also serve to limit the timescale.

The triangle pattern will be completed and the signal given when the price breaks out and closes outside the triangle. Usually this will be in the original direction. You can apply the same criteria to this as to any penetration of a line, which is that an intraday penetration is not usually significant if the price returns, and some people like to see the price stay outside the line for two days. The penetrated line may become a support or resistance subsequently, and the apex level can also be an important support or resistance price level in future movement.

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ukspreadbetting
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You just explained what a symmetrical triangle is.

monkaZETTA
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what I obverse is that multi months symmetrical would sometimes have a massive fake out before we are at the end of the triangle, it would "break down" early, then in 2 to 3 days, the price completely reverses and go back into the triangle, and then break up shortly. I might be wrong but when i see this pattern with a fake out, i think its more bullish, because the fake out would have stopped out a lot of weak hands and professional traders, when the pattern resumes, the weak hands are gone and not coming back because they got faked out and are upset, but the professionals see that it was just a fake out and now the real break out is happening, they will quickly jump back in. as the stock is held by mostly strong hands with very little weak hands, the strong hands will not sell and external buying would bring the price up quickly without much ppl selling. i have seen this fake out the break out multi months symmetrical triangle pattern play out 2 times within weeks, still monitoring their price action

aa-kr
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you are on extreme bullish trend
5 quality videos in a single day


thx for sharing your knowledge :)

mdmodin
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CROX 2020-2024 monthly/weekly, symmetrical triangle, breaking up on a good volume this week. Thanks for a great video!

remickn
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A lot easier to understand than my text book. You should write a text book, it would sell well.

johnholme
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Preparing for a successful 2022 and I needed this video. Thank you again.

fundamentaltechnicalanalys
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good Lecture and great sample you used there, thanks a lot

aidinsahebi
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can't that be the same sentiment on the descending and ascending chart breaking in either direction?

VicDamoneJr
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Nice explanation Mark. Thanks for sharing.

rodericknerva
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Thank you so much for video bro. It helps a lot.

NUShortFilms
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Great analogy! I think I found one on Tesla 15m chart between yesterday and today. Thanks!

veag
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Your lectures are really helpful 💛 keep it up bro

darshitsolanki
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After breakout of the symmetrical triangle in upside. How long it will continue after breakout? What will be my selling strategy after entry in breakout in symmetrical triangle pattern.

mahfuzrahman
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Great video. Only, don't breakouts often happen before the completion of the triangle pattern? Thanks.

abirames
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Good teacher, thanks, we appreciate your lecture

tonyscofield
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You didn't explain the profit target, entry or stop loss..

mmaprophecies
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Usually i dont trade symmetrical triangle, its very hard for me to understand where this is going

Ts-tivd
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Hey can u confirm silver has a symmetical triangle today in 1 day chart

selvaaai
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I don't even know your name? :s Anyway, good sir, quick questions about the symmetrical triangle, are symmetrical triangles a continuation pattern? Is it a 50/50? Ascending triangles usually break up, what's the likely hood of the sym triangle breaking up or down?

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