As of 11/27/2023   Indus: 35,333 -56.68 -0.2%     Trans: 14,904 -190.22 -1.3%     Utils: 866 -0.47 -0.1%     Nasdaq: 14,241 -9.83 -0.1%     S&P 500: 4,550 -8.91 -0.2% YTD  +6.6%    +11.3%   -10.5%    +36.1%    +18.5% Overview: 11/14/2023     35,450 or 34,050 by 12/01/2023   15,400 or 14,150 by 12/01/2023   900 or 825 by 12/01/2023   14,450 or 13,550 by 12/01/2023   4,600 or 4,350 by 12/01/2023
 As of 11/27/2023   Indus: 35,333 -56.68 -0.2%     Trans: 14,904 -190.22 -1.3%     Utils: 866 -0.47 -0.1%     Nasdaq: 14,241 -9.83 -0.1%     S&P 500: 4,550 -8.91 -0.2% YTD  +6.6%    +11.3%   -10.5%    +36.1%    +18.5% Overview: 11/14/2023     35,450 or 34,050 by 12/01/2023   15,400 or 14,150 by 12/01/2023   900 or 825 by 12/01/2023   14,450 or 13,550 by 12/01/2023   4,600 or 4,350 by 12/01/2023

# Symmetrical Triangle Quiz

Updated 3/6/2019.

A symmetrical triangle is a common chart pattern but it's not easy to trade. The breakout is difficult to spot because it depends on price crossing a diagonal trendline.

After a breakout occurs, the stock may wobble up and down as it decides on a trend direction. According to research for my Chart Patterns: After the Buy book, the symmetrical triangle busts more often than ascending or descending triangles, for both breakout directions.

What does that mean? Price often reverses direction after the breakout to start a new trend in the direction opposite the breakout.

## Symmetrical Triangle: Quiz

Below is a six-slide quiz to test your ability to identify symmetrical triangles and trade them. Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.

1 / 6
Find as many symmetrical triangles on the chart as you can. For help, click here.
2 / 6
A symmetrical triangle has plenty of trendline touches with price movement filling the pattern.
3 / 6
Find as many symmetrical triangles on the chart as you can.
4 / 6
The stock has pulled back to A. Is the stock a buy?
5 / 6
Here's one way to trade the triangle. The rising wedge gives a timely exit signal.
6 / 6
Another way to trade it with a later sell signal that doesn't leave much profit.

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