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Triangle
Technical Analysis
Qué significa
A continuation pattern where price makes lower highs and higher lows, squeezing into a point. A break of one side hints the next move direction.
Ejemplo
A stock bounces between $50 and $55, then $51 and $54, then $52 and $53. The converging lines form a triangle; a break above $53 or below $52 sets the next move.
Error común de principiantes
Beginners guess the breakout direction before it happens. Triangles can break either way; the trade is the breakout, not the prediction.
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