Symmetrical triangle
Chart Patterns
The coil
Both sides converge: lower highs AND higher lows. Direction-neutral: it usually resolves with the PRIOR trend. The squeeze stores energy; the break releases it.
Check yourself
Best default assumption for a symmetrical triangle's break?
- Always up
- Continuation of the trend that preceded it correct
- Always down
Coils are rests inside trends more often than reversals. Prior trend = the tiebreaker.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.
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