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How To Trade Triangle Chart Patterns
Technical analysis is one of the most important financial market trading aspects. The analysis sees traders leverage various indicators and study price patterns to try and understand price action to predict the direction price is likely to move. The Triangle chart pattern is a common pattern that generates unique trading opportunities. A triangle chart pattern develops as the price moves into tighter and tighter ranges signaling a decrease in volatility. It is formed by two converging trend lines as the price tries to move sideways. It is considered a consolidation pattern as it tends to develop after strong price ... (full story)
