Definitions for "Symmetrical Triangle"
With symmetrical Triangles, trend lines converge with the support line is ascending...
A common pattern formed from a descending and rising trendline. The formation has an equal bias of breaking out in either direction.
A price pattern in the shape of a symmetrical triangle. This is normally a continuation pattern, meaning the resolution of the triangle should occur in the direction of the trend which preceded it.
Tech. vs. Fundamental Three Black Crows Three White Soldiers