Tag Archives: symmetrical triangle

GBPUSD – selling pressure for symmetrical triangle breakout

Posted on May 9, 2012 by

Hi all, as you would no doubt have noticed the selling against the USD has been prolific in the last 24 hours though of course some currencies have copped it more than others – AUD and NZD – I’m looking … Continue reading →

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Fleetwood Corporation – Symmetrical Triangle Breakout

Posted on February 15, 2012 by

Hi all, This is a new one for you to look at – Fleetwood Corp here in Australia has formed up quite a large symmetrical triangle which it has now broken out of to the upside. As I write, the … Continue reading →

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International Paper (IP US) – Symmetrical Triangle Setup

Posted on February 13, 2012 by

The day continues and now there is another type of setup to look at – the Symmetrical Triangle. For those who say I come up with a lot of these I can’t help but agree – it seems that my … Continue reading →

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Cisco Symmetrical Triangle Continues to Hold the Line

Posted on January 17, 2012 by

This is a trade that’s been of interest for several days now but the fact that it’s hanging on the breakout makes it worth writing a post about. As you can see in the chart below this pattern has come … Continue reading →

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Standard Chartered (2888.HK) Retests and Breaks Out Again

Posted on January 17, 2012 by

This is the second symmetrical triangle on the Hong Kong exchange that we are looking at today – it’s another interesting one because it shows an initial breakout, a retest, and then the break once again. As you can see … Continue reading →

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Citic Bank Symmetrical Triangle Breakout

Posted on January 17, 2012 by

Hello everyone, we have had some requests for more trade setups from Asian markets so here is the first of them for this year and the stock is Citic Bank which has broken out of a symmetrical triangle as you … Continue reading →

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Caltex shows example of bumbling breakout

Posted on November 21, 2011 by

Caltex has been in a symmetrical triangle for some time and finally closed outside of the pattern last week. The reason that I am writing about this is because this breakout shows a lack of some of the prefered characteristics … Continue reading →

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Trading Insights – S&P/500 on cusp of Triangle Breakout

Posted on November 17, 2011 by

Good morning everyone, on of the main formations that we have been watching has been the symmetrical triangle that has formed up on the S&P/500 chart – check out the 4 hour chart as its probably the most easy to … Continue reading →

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Trading Insights 11/11/11

Posted on November 11, 2011 by

Hello everyone, the following video takes a look at some of the overnight action on the fixed interest, commodity and equity front.

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AUDUSD setting up potential hourly symmetrical triangle

Posted on April 29, 2011 by

Hi again everyone, it’s been something of a morning of intra-day patterns so I figured I would just keep posting them as I find them. In this case you can see the fast moving AUDUSD trading in something of a … Continue reading →

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