Phrases with «symmetrical triangle»

A symmetrical triangle refers to a pattern that is formed when two lines on a graph come together, creating a shape like a triangle. The lines are drawn in a way that they meet at a point, and they move closer together as they extend further. It is called "symmetrical" because both lines have a similar angle and slope. This pattern often indicates a period of consolidation or indecision in the market, where the price is neither going up nor down significantly. Full definition

Related phrases

Sentences with «symmetrical triangle»

  • Several of the other cryptocurrencies have been forming symmetrical triangle patterns on their four - hour charts, including BTC / USD, DASH / USD and IOTA / USD. (ccinews.net)
  • This is a simple strategy that takes advantage of symmetrical triangle patterns when -LSB-...] (fxtsp.com)
  • Following a failed symmetrical triangle formation in early March, the British pound has formed a bullish flag pattern versus its Aussie counterpart. (earnforex.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z