Long
symmetric triangle pattern
Although the symmetrical triangle is a neutral pattern, the likelihood of a breakout is stronger towards the direction of the overall trend, meaning that if the symmetrical triangle has been formed after an uptrend, the probability of a break is higher compared to a breakdown.
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Disclaimer
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.