Technicals

Triangle

A trading range can be identified by a sequence of lower highs and higher lows. This pattern is known as a triangle, and it is characterized by a narrowing of the range. Eventually, the triangle is completed by a strong breakout, typically accompanied by high trading volume. This signifies a potential change in market direction and is a crucial concept in the world of finance.

Related terms

Bottom

Understand the meaning and definition of Bottom in the context of stock market, trading, and investments.

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Congestion area

Understand the meaning and definition of Congestion area in the context of stock market, trading, and investments.

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Trend

Understand the meaning and definition of Trend in the context of stock market, trading, and investments.

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Elliot wave

Understand the meaning and definition of Elliot wave in the context of stock market, trading, and investments.

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Candlestick Charts

Understand the meaning and definition of Candlestick Charts in the context of stock market, trading, and investments.

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