Triangles form as a battle between buyers and sellers narrows the trading range. Each tighter swing reflects indecision — until one side gives way and price breaks out, often violently.
An ascending triangle (flat top, rising lows) leans bullish; a descending triangle (flat bottom, falling highs) leans bearish. A symmetrical triangle is neutral and trades in the direction of the break.
Put this pattern to work in your own journal.
Start free trial →