Quasar-31 › BNBUSD (BNB / US Dollar) · 15m
Symmetrical Triangle
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Draw it on TradingView
No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.
- 1.Copy the script and open the chart on TradingView.
- 2.Open the Pine Editor at the bottom, clear it and paste.
- 3.Click "Add to chart"; the drawings appear.
Swing points
| Point | Candle open (UTC) | UTC | Bar # | Price |
|---|---|---|---|---|
| L1 | Oct 30, 09:45 PM | Oct 30, 09:45 PM | 0 | 696.33 |
| H2 | Oct 31, 12:15 AM | Oct 31, 12:15 AM | 10 | 710.83 |
| L3 | Oct 31, 08:00 AM | Oct 31, 08:00 AM | 41 | 698.79 |
| H4 | Oct 31, 12:30 PM | Oct 31, 12:30 PM | 59 | 707.19 |
| L5 | Oct 31, 02:15 PM | Oct 31, 02:15 PM | 66 | 703.15 |
| BRK | Oct 31, 02:45 PM | Oct 31, 02:45 PM | 706.52 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceOct 30, 09:45 PM · 711.57 → Oct 31, 02:45 PM · 706.52
- SupportOct 30, 09:45 PM · 695.89 → Oct 31, 02:45 PM · 702.63
This pattern's track record
On the 15m chart
27%
Target reached after breakout
- Breakout rate
- 100%
- Reached half the target
- 45%
- Average time to target
- 8.9 h
- Cases
- 215 resolved cases
All timeframes
32%
Target reached after breakout
- Breakout rate
- 100%
- Reached half the target
- 48%
- Average time to target
- 15.9 days
- Cases
- 742 resolved cases
What is this pattern?
Price coils in a narrowing range. Whichever side breaks, the target is the triangle's starting height in that direction. Before the break the pattern is neutral.
After the breakout, a close beyond the opposite boundary invalidates it.
This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.