TradingView
winerstep
Dec 30, 2021 4:41 PM

Is it a Reversal Pattern ?!  Education

U.S. Dollar/Swiss FrancFXCM

Description

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.
We can use this pattern mixed with CCI convergence to Go long.
More