🔺 Guide to Symmetrical Triangle
$COS (Symmetrical Triangle)
Markets often press the price before a big move.
The symmetrical triangle is a classic sign of the accumulation or consolidation phase. 📊
📌 Key things to watch:
📉 Breakout direction
🔁 Re-test of the triangle level
📊 Context of the overall trend (upward or downward)
⚡ Two common scenarios:
⬆️ Breakout against the trend → Price reversal potential
⬇️ Breakout with the trend → Continuation of the current trend
💡 Rule to remember:
Wait for confirmation of the breakout — patience is better than guessing! 👇🏻👇🏻
$COS #CryptoTrading #chartpatternpdf #SymmetricalTriangle