These patterns are often established when price action pauses, signifying areas of consolidation (fluctuations between support and resistance lines) that can bring about a continuation or reversal of ...

and traders watch for a breakout from the upper trend line of the symmetrical triangle. Many traders look to enter new long or short positions following a breakout from the pennant chart pattern.

These are straight lines drawn on a chart by connecting a series of ... Some traders only use a specific number of patterns, while others may use much more. The strongest chart pattern is ...

What is the pattern? Is it a straight or curved line? We also have to be ... Did you notice that the first number on the axis was £80,000? If the graph was drawn correctly it would look like ...