The market should then continue falling until it has reached the initial width of the triangle projected downward from the pattern’s breakout point. Symmetrical Triangle ...

A triangle can act as a broader level of support in a stock’s meteoric rise or fall. When a stock breaks the resistance or support level established by the triangle, it’s a sign in the confidence of ...

Chart 5: Falling Wedge Wedges may look like flags and triangles, but they’re actually reversal patterns, not continuation patterns. The falling wedge is a bullish reversal pattern that signals a ...

While these patterns can be predictable, they aren't bullet-proof. Head fakes, bull traps, and failed breakdowns occur often and tend to shake traders out of their positions right before the big move.

The triangle pattern is sometimes referred to as a "continuation pattern," which means that the price will continue to move in the same direction as it was before the pattern formed. There are 3 ...