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Guid lines for trading Symmetrical Triangles

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Guid lines for trading Symmetrical Triangles in Forex Education_xx
Guid lines for trading Symmetrical Triangles




Generate best forex signals   by using Symmetrical Triangles


Two sloping and converging trendlines Price follows two sloping trendlines that join at the triangle apex




Price crossing Price must cross the pattern from side to side, filling the triangle with movement. Avoid patterns with excessive white space in the center of the triangle




A symmetrical triangle appears like an angel fish bounded by two converging trendlines. The breakout can be in any direction.


Breakout Can be in any direction.




Duration Should be longer than three weeks; otherwise they could be pennants.




Symmetrical triangles should be at least three weeks long; otherwise they are pennants. Pennants always rest upon a flagpole (a straight-line price run), so if the pole is missing, the pattern is a symmetrical triangle.




Confirm Price confirms many patterns when the pair  closes outside the pattern boundaries. For example, in a double bottom, price must close above the highest peak between the two bottoms; otherwise, it is not a double bottom.




To avoid selecting bogus symmetrical triangles, look for at least three touches of each trendline


when to place fx trading signals


Trade with trend As consolidations, prices usually leave the triangle in the same


direction as when they enter.




Measure rule


Compute the formation height by subtracting the lowest low from the highest high. For upward breakouts, add the difference to the highest high or for downward breakouts, subtract the difference. Alternatively, symmetrical triangles can be halfway points in a move, so project accordingly.








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#1 - October 24, 2018, 06:47:32 PM
« Last Edit: October 25, 2018, 05:42:29 AM by Mikser »

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Guid lines for trading Symmetrical Triangles in Forex Education_xx
this technique is very easy to learn and understand, this is a new science for me to deepen this technique, and maybe I will try with my trading style everyday ...
#2 - February 05, 2019, 04:24:08 PM

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this technique is very easy to learn and understand, this is a new science for me to deepen this technique, and maybe I will try with my trading style everyday ...
every new science must really understand first friend, and try it on a demo account to be able to avoid unexpected risks, when it's comfortable with that knowledge continue ...
#3 - February 05, 2019, 09:56:00 PM

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maybe this is more technical analysis using lines, I've seen it on various forums and websites but I still don't fully understand it, but what I know is that the shape of the chart is similar to a triangle and we will wait for the line breakout first and then enter according to the direction
#4 - April 26, 2021, 07:32:08 PM

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this technique is good to use when forwarding trends because most are formed when forwarding trends and it can indeed be seen, but most do not realize that this technique is very useful
#5 - July 14, 2021, 03:15:28 AM

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Trading systems that use or more highlight breakouts like this will better need more patience, because we have to be truly patient waiting for the moment breakout
#6 - July 15, 2021, 02:33:15 AM

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this pattern often appears at certain times but accurate because it is shaped like a triangle and is in the middle of a trend, I often find it but not all of it can be used
#7 - July 15, 2021, 07:40:34 PM

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trading using triangle can only be owned by people who have high analysis and are able to read chart patterns well, because most triangle patterns are very difficult
#8 - July 18, 2021, 04:27:29 AM

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using triangular patterns in your system, that means you are already experts in using them, because at first glance the use of this pattern technique is very complicated. for symmetrical itself I think it is also difficult if we are not observant to see the pattern in the middle of the trend
#9 - July 23, 2021, 10:17:52 AM

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this is one of the strategies that I like and I do often use it because this triangle pattern always appears when the trend tends to be long whether it is in the form of forwarding or correction, but indeed the characteristics are very easy to recognize
#10 - July 24, 2021, 07:37:54 PM

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Chart patterns are common and familiar to the fangs of price action traders including myself, because its use is quite easy only open positions when there is a pattern of this triangle appears and is usually made for trend forwarding
#11 - July 26, 2021, 06:31:23 PM

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trading using this system, in my opinion, you still have to use risk limits or money management so that the results can be controlled by us
#12 - July 31, 2021, 09:13:11 AM

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using the triangle pattern has a huge impact on our way of trading, because by trading using triangle then our chances of making profit will be wide open, and we must understand that it all takes a process
#13 - July 31, 2021, 10:05:53 AM

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Who is not familiar with the Triangle pattern by using this pattern, the chances of you getting consistent profits will be very large because using the symmetrical triangle is something that is commonly used by professional traders to analyze patterns that are shaped like triangles, there are many types, I forget the name.
#14 - September 11, 2021, 12:57:29 AM

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