# Indices Triangle Breakout Stock Indices Chart Pattern

With **Indices Triangle Breakout Indices Chart Pattern** the stock indices market price breakout can move in any direction.

## Triangle Stock Indices Chart Patterns

Symmetrical triangles are stock indices chart patterns with converging trend lines that form a consolidation period of the indices price. The technical analysis buy stock indices signal from a symmetrical triangle is the upside stock indices price breakout, while a downside stock indices price breakout is a technical sell signal. Ideally the indices market breaks out from a triangle stock indices chart pattern - symmetrical triangle prior to reaching the apex of the triangle.

**Stock Indices Trendlines** can be drawn connecting the lows and highs of the triangle stock indices chart pattern phase, the trend lines formed are symmetric and converge to form an apex -indices triangle pattern -indices triangle pattern. A Indices Triangle Breakout should occur somewhere between 60-80% into the indices triangle stock indices chart pattern. An early or late Indices Triangle Breakout is more prone to whipsaw signals, and therefore less reliable. After a indices price breakout the apex of the triangle forms support and resistance levels for the indices price. Indices price that has broken out of the apex should not retrace past the apex of the triangle stock indices chart pattern. The apex of the triangle stock indices chart pattern is used as a stop loss stock indices order setting area for the open stock indices trades.

When these indices triangle stock indices chart patterns form we say that the indices market trend is taking a break before deciding the next direction to move.

These indices triangle stock indices chart patterns form when there is a tug of war between the buyers and the sellers and the indices market cannot decide which way to move.

Indices Triangle Breakout Stock Indices Chart Pattern - Indices Triangle Breakout Indicator - Indices Triangle Chart Pattern Indices Trading

However, this indices triangle stock indices chart pattern cannot go on forever and just like in a tug of war one side eventually wins, looking at the Stock Indices chart below see how the triangle eventually had a indices breakout and moved in one direction - Indices Triangle Breakout Indices Chart Pattern. Now how do you make sure you choose the winning side?

Indices Triangle Breakout Indicator MetaTrader 4 - Triangle Indicator Stock Indices - Indices Triangle Indicator MetaTrader 4 - Indices Triangle Chart Pattern Indices Trading

Indices Triangle Breakout Stock Indices Chart Pattern - Indices Triangle Breakout Indicator - Indices Triangle Breakout Indicator MetaTrader 4

**Now back to our index question, how do we as traders make sure we are on the winning side of the trade?**

Well we wait until the stock indices price moves past one of the trend lines of the indices triangle pattern and put buy indices orders or sell indices orders in that direction. If stock indices price indices breaks the upper triangle line we buy, if it stock indices price breaks the lower triangle line we sell.

Alternatively if you do not want to wait for a triangle indices breakout - you can use indices ending orders.