Bearish Symmetric Triangle

By | 26/06/2018

Bearish Symmetric Triangle

The symmetrical triangle pattern is easy to spot thanks to the distinctive shape which is developed by the two trendlines which converge. This pattern is created by drawing trendlines, which connect a series of peaks and troughs. The trendlines create a barrier, and once the price breaks through these, it is usually followed by a very sharp movement in price.

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