Symmetrical Triangle
BullishContinuationIntermediateAfter a rally, swings get smaller from both sides. Then the coil releases.
Verdict: UseBitcoin 4H: 1 trades, won 0%, avg trade −4.7% vs random day +0.2% (too few trades to judge). Backtest
It starts with a rally. Price runs up, then stops to catch its breath.
step 1/6
Trade rules
| Direction | Long (buy) |
|---|---|
| Entry | After a prior advance, a candle CLOSE above the line through the two falling highs, before the lines meet. |
| Cancelled if | Price trades below the last higher low before the breakout. |
| Target | Widest part, projected from the breakout |
3 common mistakes
- Guessing the direction inside the triangle instead of waiting for the break.
- Ignoring the trend before it: without a prior rally there is nothing to continue.
- Trading a break right at the tip, where the lines meet and the pattern has lost its meaning.
Backtest
same rules every time · equal size · no fees · method| Market | Trades | Won | Avg trade | Random day |
|---|---|---|---|---|
| Bitcoin · 4H · 2017-2026 · too few trades to judge | 1 | 0% | −4.72% | +0.22% |
| US large caps (50) · 1D · 2016-2026 | 23 | 52% | +3.13% | +2.67% |
Verdict: UseMade money and beat a random entry on US large caps. Bitcoin had too few signals to judge.
pattern +72%random +61%