Trading the Technicals

How much would you count on patterns? I mean when you see a triangle which is broken to a side, how sure are u that this will not be immediately reversed? out of 100%
While triangle patterns can indicate potential breakouts, the likelihood of immediate reversals can vary significantly. I’d say there’s typically around a 70% chance of continuation after a breakout, but always consider market conditions and volume for confirmation.
 

Similar threads