As of 05/13/2022   Indus: 32,197 +466.36 +1.5%     Trans: 14,456 +136.14 +1.0%     Utils: 993 +9.90 +1.0%     Nasdaq: 11,805 +434.04 +3.8%     S&P 500: 4,024 +93.81 +2.4% YTD -11.4%   -12.3%    +1.2%   -24.5%   -15.6% Overview: 04/26/2022     33,500 or 30,500 by 06/01/2022   16,300 or 13,900 by 05/15/2022   950 or 1,100 by 05/15/2022   12,800 or 11,000 by 06/01/2022   4,250 or 3,850 by 06/01/2022 CPI (updated daily): on 5/13/22
 As of 05/13/2022   Indus: 32,197 +466.36 +1.5%     Trans: 14,456 +136.14 +1.0%     Utils: 993 +9.90 +1.0%     Nasdaq: 11,805 +434.04 +3.8%     S&P 500: 4,024 +93.81 +2.4% YTD -11.4%   -12.3%    +1.2%   -24.5%   -15.6% Overview: 04/26/2022     33,500 or 30,500 by 06/01/2022   16,300 or 13,900 by 05/15/2022   950 or 1,100 by 05/15/2022   12,800 or 11,000 by 06/01/2022   4,250 or 3,850 by 06/01/2022 CPI (updated daily): on 5/13/22

# 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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