You’ve Been Trading Symmetrical Triangles Wrong! Learn Why...Many well-respected traders, a number of whom I have studied under myself, vehemently oppose trading symmetrical triangles. I'm not here to say they're wrong or that I'm right, but I would like to shed some light on these misunderstood chart patterns using classical charting principles from Edwards and Magee. Much of the information I see shared online regarding symmetrical triangles, whether it be blog posts, videos, or Twitter threads, is incompatible with the explanation given in 'Technical Analysis of Stock Trends'.
Normally when I post on TradingView, I write out ~80% of my idea, asking that you, dear reader, visit my YouTube channel and watch the accompanying video for my final thoughts on the matter. For this post though, I'm going to ask you for a huge favor. It took me a good deal of time to plan out this video, and it would mean a lot to me if you went to my YouTube channel and gave it a view. Whether you're a seasoned chartist or a novice trader, I think there will be plenty of helpful information for you.
A link to my YouTube channel can be found by visiting my T-W-I-T-T-E-R page (link is in my TradingView profile), or by searching for 'Gabriel Harber' on YouTube. Thank you!
