Chart of the models used in technical analysis that are easy to identify by different shapes made by two converging trendlines. The pattern identified by the drawing of two trendlines linking a series of sequentially lower peak and a sequentially higher pit.
Two trend lines acts as a barrier that prevents the title of the higher or lower than the price, but once that violations of the price of a measure, sharp movements follow often.
Schema symmetrical triangle formed when investors will not know some of the value of the shares. Once the model is broken, investors have jumped on the movement, draw on the price of the shares from the North or the South.
Symmetrical triangles are generally considered as a period of consolidation before prices go beyond an identified trend curves. Following a break, as the lower trendline is used by technical traders to report moves lower, while above the upper trendline break mark the beginning of the movement towards the top. As you can see in the diagram above, technical traders with the sharp increase in the volume or any other technical indicators available to confirm the flight exceeded a trendlines.
Symmetrical triangles can be characterized as an area of doubt. The market has stopped and the direction of the future is debatable. Usually, the forces of supply and demand when it is considered be almost identical. Efforts to encourage more quickly met sale, while dip seen as cheap. Each new top down and the bottom being more lower height than the latter, take the form of a sideways triangle. (It is interesting to note that the trend for volume decreases during this period). Finally, doubt he met with determination and usually breaks out of this training (often on the volume weight). Research has shown that the symmetrical triangle very well be resolved in the direction of the trend.
Symmetrical triangle pattern
The form of a symmetric triangle, draw Trendlines two converging to upper and lower bond prices. Trendlines you a (you guessed it) form a symmetrical, elongated triangle on its side.Symmetrical triangles are very reliable. You can benefit from up or down the escapees. Learn more about how to obtain the downtrends when we speak of maximising profits.
If you look at the symmetrical triangle, watch it carefully. Earlier catch you the flight, your position to make more money.
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