#今日市场观点
Triangle pattern
Triangle is a waiting pattern. After the market experiences triangle convergence, the long-short game finally comes to a conclusion, and then breaks through the range and moves out of the next wave of market. Triangle patterns can be divided into three types: symmetrical triangle, ascending triangle and descending triangle.
As shown in the figure below, the market encounters resistance after a round of rise, the top gradually moves down, and the bottom gradually rises at the same time, and the two sides narrow to the middle by roughly the same amount. Finally, the power of one party pushes the price to break through in one direction and move out of the corresponding market. Taking the figure below as an example, investors can use the distance from the first top of the symmetrical triangle to the lower trend line as the target distance after the breakthrough. If the price returns to the lower trend line, it is judged as a failed triangle pattern, and stop loss and exit.
Click on the avatar to follow my homepage for more information, bull market strategy layout, free sharing, and be a free blogger, just to increase fans.