What Are Triangle Chart Patterns?

[Mdraghib]

How are triangle chart patterns working for you? I’m curious to know how you all use them in your trading.

Blog which I read to know about Triangle Chart Patterns

[ishitarao]

Triangle patterns are a key part of my technical toolkit—especially in forex where consolidation and breakout setups are common. I use ascending triangles to spot bullish continuation, especially around key resistance zones, and descending triangles for bearish breakdowns. Symmetrical triangles are great for breakout anticipation, but I always wait for confirmation with volume or a retest.

Glad you mentioned the blog—it helped me refine my entry/exit strategy too. One tip I picked up: measure the height of the triangle and project it from the breakout point to estimate targets. Works surprisingly well!