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STOPLOSS 👇👇 👉 The stoploss for the symmetrical triangle pattern is often just below the breakout point. POTENTIAL TARGET 👇👇 👉 The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point.

Symmetrical triangle as a Reversal pattern 👇👇 👉 If the pattern is broken towards upside during a downtrend, then it is known as Bullish Reversal symmetrical triangle. 👉 If the pattern is broken towards Downside during an uptrend, then it is known as Bearish Reversal symmetrical triangle.

Symmetrical triangle as a continuation pattern 👇👇 👉 If the pattern is broken towards upside during an uptrend, then it is known as Bullish Continuation symmetrical triangle. 👉 If the pattern is broken towards Downside during a downtrend, then it is known as Bearish Continuation symmetrical triangle.

👉 A symmetrical triangle is formed when prices are making lower highs and higher lows.

A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown.

Trading is hard, but anyone can do it. Trading challenge: 1) Set up your trading strategy - 100 trades. - 50% win rate. - 50 wins. 50 losses. - 1:1.5 risk reward ratio (or more). - Keep min. risk or trade money you can afford to lose. 2) Trade your system - Take 100 trades. - Or trade for 30-60 days. - Don't stop trading after a win. - Don't stop trading after a loss. - Focus only on executing your system. - Forget everything else. 3) Become a better trader - Review wins - Review losses. - Study your emotions after a win. - Study your emotions after a loss. - Understand what worked and what didn't. - Write everything on your journal. - Meditate. Think. Reflect. Learn. 4) Keep improving - Repeat everything from step 1. - Raise your standards. - Raise your goals. - Break your limits. Trading is the most individual business. Everything depends on you. JUST DO IT.

10. Double Top Continuation

9. Pre-breakout setup

8. Bullish rectangle

7. Valid trend reversal

6. Distribution phase

5. Range-bound market

4. How to trade a fakeout

3. Fakeout trading

2. Structure Shift

1. Structural level