Lesson 4 of 7
In Progress

Triangles

Triangles

​3 types of triangles:

·  Ascending

·  Descending

·  Symmetrical

·  Triangle is a continuation pattern.

·  You wan’t to see price rotate several times between low and high of the triangle before breaking out.

·  “Free space” in triagle is an invalidation.

Volume

·  Volume should be declining through the triangle formation.

·  You wan’t to see massive increase when breaking out of triangle.

You can trade triangle on any given TF, but as with every pattern, it trades better on HTF.