Symmetrical Triangle Pattern - Time Analysis
2025-01-05
Category: None

The symmetrical triangle pattern is a consolidation phase. It reflects indecision in the market, as both buyers and sellers lose momentum.

Research shows that most breakouts happen around 61.8% to 78.6% of the triangle’s total formation time. You can spot this timing range using Fibonacci ratios.

Key considerations:
Timing matters. If the price breaks out too early or too late (outside that 0.618–0.786 spot), it might not be as reliable.
Volume is your best friend. A strong breakout usually comes with a volume spike.