TP
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Triangle (symmetrical, ascending, descending)

Price compression between two converging trendlines. Breakout expected.

Continuation Difficulty: ●●○○○ Reliability: 6/10
  • Symmetrical: 2 converging trendlines, ~60% breakout in prior trend direction
  • Ascending: horizontal resistance, rising support → bullish bias
  • Descending: horizontal support, falling resistance → bearish bias

Apex usually hit at 75% of pattern length — if no breakout by then, reliability drops.

When to look

After a directional move (triangle is a pause).

Confirmation

Close outside trendline with volume.