TanujaK

what is Symmetrical Triangle and How to consider breakout,?

Long
NSE:NIFTY   Nifty 50 Index
What is a Symmetrical Triangle Breakout and what is the Target if the breakout happens?

A symmetrical Triangle is an Oscillation of the price between two trend lines .
In this pattern, a breakout can happen on both sides either uptrend or downtrend.

what is the Target if breakout happens?
We can expect the Target length to be the length of the First wavelength.

#Chart Patterns #Triangle Pattern Trading system

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