Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

When traders notice consolidation in asset prices, they look for continuation patterns. These chart ... three types of triangle continuation patterns: ascending, descending and symmetrical.

Symmetrical triangle patterns show that the market is neutral on the stock. If you are looking at a stock chart and see a rectangular shape, you may be looking at a flag pattern. If you see a ...

Technical analysts attempt to take the emotion out of investing by relying solely on the patterns found within charts to trade ... is more reliable than a symmetrical triangle pattern.

Cardano (ADA) breaks out of a major symmetrical triangle pattern, targeting a 27% price surge to $0.79. The breakout shows ...