Symmetrical Triangle Pattern
Lower highs and higher lows squeezing into a point — a coiling market that has not chosen a side yet.
Each rally stops short of the last and each dip holds above the last. Connecting the highs and the lows gives two lines converging on an apex.
Why it forms
Buyers and sellers are both getting less aggressive. Range contracts, volume usually dries up, and positions build on both sides. The break resolves the standoff, which is why it is often violent.
🎯 Trigger
📏 Target
🛑 Invalidation
Which way does a symmetrical triangle break?
What does a symmetrical triangle mean?
Is a symmetrical triangle bullish?
How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.