Chart pattern · Continuation · Neutral
What is it, in one line
Converging trendlines, one falling and one rising, with no directional bias until the break.
Neutral · Continuation · verdict: Traditional claim, not yet measured here
Converging trendlines, one falling and one rising, with no directional bias until the break.
Method
Conventional target: A break in either direction projects a move equal to the triangle’s height at its widest point.
Invalidated by: A close back inside the triangle after a break invalidates that break.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.