This Pattern Can Give Breakout from both the Direction so i will be ready with my target and stoploss once it gives Breakout.
Meaning of Symmetrical Triangle Pattern ; The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices breakout.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish.