Triangle

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Dictionary Says

Definition of 'Triangle'

A technical analysis pattern created by drawing trendlines along a price range that gets narrower over time because of lower tops and higher bottoms. Variations of a triangle include ascending and descending triangles. Triangles are very similar to wedges and pennants.

Triangle
Investopedia Says

Investopedia explains 'Triangle'

Technical analysts see a breakout of this triangular pattern as either bullish (on a breakout above the upper line) or bearish (on a breakout below the lower line).

Articles Of Interest

  1.

    Triangles: A Short Study In Continuation Patterns

    Learn how to read these formations of horizontal trading patterns.

  2. Continuation Patterns: In-Depth Look At Triangles

    We take a closer look at ascending and descending triangles to help traders predict the ultimate breakout direction.

  3. Continuation Patterns: An Introduction

    Those random movements in the charts actually form patterns. Learn the basics of what these patterns are.

  4. Trade Forex With A Directional Strategy

    Opening long or short positions to cash in on a trend is one of the simplest ways to trade forex.

  5. Day Trading Strategies For Beginners

    From picking the right type of stock to setting stop-losses, learn how to trade wisely.

  6. Continuation Patterns - Part 2

    Take a closer look at triangles, which appear in ascending, descending and symmetrical forms.

  7. Basics Of Technical Analysis

    Learn how chartists analyze the price movements of the market. We'll introduce you to the most important concepts in this approach.

  8. A Primer On The MACD

    Learn to trade in the direction of short-term momentum.

  9. When To Short A Stock

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  10. A Top-Down Approach To Investing

    Use a global view to determine which stocks belong in your portfolio.
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