Symmetrical Triangle
Definition
A continuation chart pattern with converging trendlines — declining upper resistance and rising lower support — where the direction of breakout determines the next trend move.
Example
A symmetrical triangle that breaks to the upside after a prior uptrend typically signals continuation of the bullish move.
Related Terms
Frequently Asked Question
What is a Symmetrical Triangle?
A symmetrical triangle has converging trendlines with no directional bias — the breakout direction determines the next move. It typically resolves in the direction of the prior trend.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.