A "Symmetrical triangle" pattern is a chart formation where the price fluctuates between the support and resistance.The pattern reflects market uncertainty and serves as a signal for potential future price movement. The direction of the price shift will depend on which boundary of the pattern is broken.
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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.