Symmetrical Triangle Formation : * Falling and rising triangle reflects the psychology of investors in the market. * investors are hesitant to develop which direction the price. So gradually increasing their investments carefully, it is increasingly evident in the narrowing price depth. * Symmetrical triangles can not give you a general idea of what direction to break the pair will make my break but generally acceptable to the trend direction.
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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.