๐Ÿ“ CHART PATTERN STRATEGIES ยท STRATEGY TEMPLATE

Triangle
Breakout

Ascending, descending, and symmetrical triangles. Price converges to the apex before breaking out with momentum.

Chart Pattern1Hโ€“Daily2:1 R:R

Rules & Configuration

The full rule set, required indicators, suggested configuration, execution flow, and performance parameters for the Triangle Breakout setup.

Ascending, descending, and symmetrical triangles. Price converges to the apex before breaking out with momentum.

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๐Ÿ“ˆ Entry Rules
  • Ascending triangle: Flat top + rising lows โ†’ bullish
  • Descending triangle: Flat bottom + lower highs โ†’ bearish
  • Symmetrical: Trade the breakout direction
  • Enter on close beyond triangle boundary
  • Volume must increase on breakout
๐Ÿ’ก Pro Tip

Breakouts that occur 50-75% through the triangle (from base to apex) have the highest success rate.

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๐Ÿ‘ค Head & Shoulders ๐Ÿ”๏ธ Double Top / Double Bottom ๐Ÿšฉ Bull Flag Continuation โ˜• Cup & Handle Breakout