Triangle chart patterns are usually identified by traders when a financial instrument’s trading range narrows after a downtrend or an uptrend. These chart patterns can indicate a trend reversal or signal the continuation of a bearish or bullish market. Triangle patterns are well-known chart patterns within the field of technical analysis. They exist in different formations, bullish, bearish or symmetrical. The triangle pattern is a continuation pattern used for technical analysis. Learn its meaning and how to trade with the different triangle patterns on Groww. Learn how to identify and trade triangle patterns, which are chart patterns formed by converging trendlines on a price chart. Find out the types, characteristics, and trading strategies of ascending, descending, and symmetrical triangles.
