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How To Trade The Symmetrical Triangle (Higher Lows, Lower Highs)

Lower Highs are represented by the diagonal trend line. These lower highs are the resistance line.

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Higher Lows are represented by the diagonal trend line. These higher lows are the support line.

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Breakout Candlestick

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Retest Candlestick

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How To Trade The Triangle Chart Pattern

First, Look For An Up Trend
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Second, Draw Diagonal Support Line and then draw Diagonal Resistance Line. These lines are your levels.
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Third, Wait For The Breakout Candle. Enter after the candle closes.
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Fourth, Wait For A Candlestick To Retest Diagonal Trend Line. Enter after the retest candlestick closes.
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Fifth, Set Target Using Height of Pattern
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exponentialmovingaverageshigherlowlowerhighSymmetrical TriangleTrend AnalysisTrend LinesTriangle

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