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Technical Analysis Symmetrical Triangle

Symmetrical Triangle is a continuation Pattern. Hence the assumption is there already exists an Up Trend or Down Trend. Symmetrical Triangle Pattern can be explained as follows.

Symmetric Triangle Pattern represents a pause in the existing trend (up trend or down trend) after which the original trend resumes. If the original Trend is Up Trend, the symmetric triangle is called as Bullish Symmetric Triangle, while for Down Trend it is called as Bearish Symmetric Triangle.



Other Continuation Patterns

Technical Analysis Ascending Triangle

Technical Analysis Descending Triangle

Technical Analysis Flags & Pennants Pattern

Technical Analysis Rectangle Formation

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この記事の中でリンクしています。(2010/02/19)
http://easy-happy-invest.blogspot.com/2010/02/day-chart-technical-analysis.html
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