Symmetrical Triangles by Stella Osoba, CMT
Sometimes its useful to go back to basics to remind ourselves of classic chart patterns that may have receded in importance during the recent bull market but which now seem to pop up with more consistency. One such pattern is the symmetrical triangle.
Asymmetrical triangle is a continuation chart pattern. It consists of a downward-sloping upper trendline and an upward-sloping lower trendline ...