All patterns

Vega-60 › SOLUSD (Solana / US Dollar) · 1h

Symmetrical Triangle

Breakout confirmedBearish
Quality63%

Drag to rotate, scroll to zoom.

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. 1.Copy the script and open the chart on TradingView.
  2. 2.Open the Pine Editor at the bottom, clear it and paste.
  3. 3.Click "Add to chart"; the drawings appear.

Swing points

PointCandle open (UTC)UTCBar #Price
H1Oct 29, 09:00 PMOct 29, 09:00 PM098.11
L2Oct 30, 12:00 AMOct 30, 12:00 AM392.34
H3Oct 30, 05:00 AMOct 30, 05:00 AM898.59
L4Oct 30, 06:00 PMOct 30, 06:00 PM2193.62
H5Oct 31, 01:00 AMOct 31, 01:00 AM2897.09
L6Oct 31, 08:00 AMOct 31, 08:00 AM3595.23
BRKOct 31, 07:00 PMOct 31, 07:00 PM96.08

Bar #: candles counted from the pattern's first point. Times are candle open times.

Lines

  • ResistanceOct 29, 09:00 PM · 98.46 → Oct 31, 07:00 PM · 96.44
  • SupportOct 29, 09:00 PM · 91.97 → Oct 31, 07:00 PM · 96.08

This pattern's track record

On the 1h chart

27%

Target reached after breakout

Breakout rate
100%
Reached half the target
48%
Average time to target
3.3 days
Cases
200 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.

SOLUSD 1h Symmetrical Triangle | IndicatorScan