A symmetrical triangle is what I define as a diagonal pattern, meaning that the breakout is through a slanted line. A simple penetration of the upper boundary of a triangle is NOT a legitimate breakout. Only a close above the Mar 27 high with expanded volume should be considered as a breakout.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.