Symmetrical Triangle Pattern – What is it & How Does it Work?

A "Symmetrical triangle" is a notable technical analysis pattern that helps traders make more informed decisions. The pattern arises when trend lines converge, indicating an equilibrium between buyers and sellers. The price fluctuates within a range, reflecting a temporary uncertainty in the market. A breakout of this range can signal either a continuation of the current trend or its change. To trade a "Symmetrical triangle" pattern profitably, it is crucial to correctly identify the breakout po