My Life So Far

Saturday, March 14, 2015

How To Trade With Forex Triangle Patterns

In Forex, a triangle chart pattern is a corrective pattern where the price moves in between 2 converging trend lines.

By using these trend lines, you can identify the triangle by judging the slope.

There a 3 types of triangle pattern:


  • Symmetrical
  • Ascending
  • Descending






When there is a break of the upper or lower trend line made by the price, the triangle is complete.

This is what forex traders use as their entry signal.

As you can see, you can consider all the three types of scenario to enter a trade.

Once you have a trigger on one set up, you can cancel the others.

No matter if the price is going up or down, you can get a slice of the action.

However, there can be times where you can get caught by a False Break.

That is why it is very important for you to Always set a Stop Loss.

All the best to your forex trading.


Yours sincerely,




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