Triangle Chart Pattern Trading and Strategy Video Guide

One of the most popular chart patterns in technical analysis is the triangle pattern. The triangle pattern is considered a consolidation price pattern, generally a continuation pattern, where the range of price gets tighter.

This getting tighter is an indication of lower volatility and there will eventually be a resolution from the triangle pattern and those moves are often explosive.

The general rule of thumb when trading any breakout from a triangle is, do not attempt to fade the break. You are dealing with a market that has undergone range contraction and the move from the patterns can often never look back.

[wilmermh]

Learning a lot with your videos! Thanks you

[Netpicks]

There's no secret but do you find triangles to be useful in your trading? Ever use them inside of horizontal ranges?

[NPPATIL-sunk]

Dear sir
For intraday
What should be the candle time frame?