Here's a weekly chart with a great example of a symmetrical triangle as a continuation pattern in an uptrend. Symmetrical triangle in a downtrend. Symmetrical triangle in a downtrend, bearish. This triangle perfectly measured out the ensuing move lower. Symmetrical triangle in the beginning of a downtrend.
Volume is light in the triangle but very heavy on the breakout.
Symmetrical triangles in a downtrend. Each pause seems to resolve itself with renewed bearish conviction. Volume lightens up during the triangle formations and picks up again on the breakouts. The information contained here was gathered from sources deemed reliable, however, no claim is made as to its accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or times, nor should any of the examples presented be deemed as such.