The is a symmetrical triangle chart pattern usually forms during a trend as a continuation pattern. The pattern consists of a series of lower highs (lower highs) and higher minimum (Higher lows), at least two of each, which originate bonding lines converging lines that draw a symmetrical triangle. Sometimes mark a sharp change of trend, but is typically a continuation pattern. The pattern is confirmed by the rupture of one of the lines indicating the direction of the next market move. Let’s see what takes place during the formation and confirmation of the symmetrical triangle …
