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Swissy
April 30, 2020
Take Profit
April 30, 2020

Symmetrical Triangle

Published by TradersColo at April 30, 2020
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    A Symmetrical Triangle is a candlestick pattern that consists of two converging trendlines connecting a series of consecutive peaks and valleys. It is a pattern based on a continuation pattern, such as Ascending Triangle, Descending Triangle, Wedge, Flag, Rectangle, and Pennant. Continuation patterns lead to the continuation of an existing trend and usually result in very low-risk trading opportunities and considerable returns.

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