0x: Decentralized Exchange
Triangles may appear mostly as ascending or descending pattern. But even more, interestingly, they form as reversal patterns too.
A triangle as a reversal pattern doesn’t suit every trader. Conservative traders won’t risk trading it.
However, aggressive ones will always look for a solid risk-reward ratio. A triangle chart pattern like this one offers such a reward.
Triangles may appear mostly as ascending or descending pattern. But even more, interestingly, they form as reversal patterns too.
A triangle as a reversal pattern doesn’t suit every trader. Conservative traders won’t risk trading it.
However, aggressive ones will always look for a solid risk-reward ratio. A triangle chart pattern like this one offers such a reward.