# Indices Triangle Breakout Stock Indexes Chart Pattern

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

## Triangle Stock Indexes Chart Patterns

Symmetrical triangles are stock indexes 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 indexes price breakout, while a downside stock indexes price breakout is a technical sell indices signal. Ideally the indices market breaks out from a triangle stock indexes chart pattern - symmetrical triangle prior to reaching the apex of the triangle.

**Indices Trend Lines** can be drawn connecting the lows and highs of the triangle stock indexes chart pattern phase, the indices 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 indexes chart pattern. An early or late Indices Triangle Breakout is more prone to whipsaw indices signals, and therefore less reliable. After a indices price breakout the apex of the indices 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 indices triangle stock indexes chart pattern. The apex of the triangle stock indexes chart pattern is used as a stop loss stock indices order setting area for the open stock indexes trades.

When these indices triangle stock indexes 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 indexes 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 Indexes Chart Pattern - Indices Triangle Breakout Indicator - Indices Triangle Indices Trading Chart Pattern Indices Trading

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

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

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

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

Well we wait until the stock indexes 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 indexes price indices breaks the upper triangle line we buy, if it stock indexes price breaks the lower triangle line we sell.

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