Converging triangle in the market

A converging triangle is not just lines on a chart. It reflects market sentiment 🔍 Something interesting happens inside such a figure. Buyers and sellers seek balance. Fluctuations narrow. The price compresses, as if in a vise.

The market is silent. It does not give clear signals. It may go up, continuing the upward trend. It may crash down. It seems like this is some kind of pause in the trend 📊 Accumulation of energy for a new breakthrough 🔋

Breakthrough - that's what really matters! When the price approaches the tip of the triangle, it must choose a path. After a breakout with volume, the movement often becomes more powerful than before. Like a shot 🚀

Determining a true breakout is not that easy. The market loves to deceive. Sometimes it shows false breakouts and then reverses. It's not immediately clear where everything will go. But the context helps: a strong preceding rise hints at a breakout upwards 📈 And if the pattern is forming at high levels with increasing volumes during declines, it's more likely that the breakout will be downwards 📉

The triangle itself is not a signal for a trade. It's like a compressed spring. A trading opportunity arises after the breakout 💥 By the way, data for 2025 seems to confirm - this pattern remains a fairly reliable predictor of a surge in volatility 🌕