Triangle Patterns

  Triangle Patterns :

                              Triangle pattern is nothing but when you connect two recent support and resistance zone if if you see a triangle formation its called triangle pattern. Triangle pattern mostly will happen in consolidated zone. Once consolidation completed either market will go as per trend or it will go opposite side.  

                               Triangle pattern mostly will have a two support 3 resistance or 3 support 2 resistance. Breakout mostly happen in 6th support or resistance. Below image will help you to under stand more.

  














                       

 

Comments