Symmetrical Triangle: A symmetrical triangle is
composed of a diagonal falling upper trendline and
a diagonally rising lower trendline. As the price
moves toward the apex, it will inevitably breach
the upper trendline for a breakout and uptrend on
rising prices or breach the lower trendline forming
a breakdown and downtrend with falling prices.
composed of a diagonal falling upper trendline and
a diagonally rising lower trendline. As the price
moves toward the apex, it will inevitably breach
the upper trendline for a breakout and uptrend on
rising prices or breach the lower trendline forming
a breakdown and downtrend with falling prices.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.