Triangles | Symmetrical broadening wedge | ||
Wedges | Broadening wedges | ||
Flags and pennants | Right-angled broadening wedge | ||
Head and shoulders | Double (or triple) tops (or bottoms) | ||
Rectangles | Cup with handle |
Unlike triangles, symmetrical broadening patterns are characterized by an oscillation of prices that is increasingly large between two diverging trend lines. Volumes increase progressively as the pattern forms. The exit is random, the forex price can either break out through the top or through the bottom.