I noticed that many beginners in trading get confused with basic patterns. Let's understand the triangle figure, which is one of the most reliable in technical analysis. It is truly a powerful tool if you know how to read it.

Let's start with the descending triangle. Do you see a horizontal line at the bottom and a line that slopes downward from above? That's a bearish signal. Sellers are exerting increasing pressure, and when the price breaks below the support, a significant decline usually follows. The main thing is to wait for confirmation with volume; otherwise, you'll get a false breakout. I always wait until volume increases after the breakout before entering a sell position.

The opposite scenario is the ascending triangle. Here, there's a horizontal line at the top and support rising from below. This is a bullish pattern that often appears in the middle of an uptrend. When the price breaks above the upper line with volume, it's a great moment to buy. I set a stop-loss below the last support—simple and effective.

Now, the symmetrical triangle is a more neutral figure. Both lines converge toward the center: resistance decreases, and support increases. It can break either upward or downward. I don't rush to enter until there's a clear breakout—that's the key point. When consolidation ends and the price breaks one side with strength, then I trade in the direction of the breakout.

There's also the expanding triangle—it's a volatile beast. The lines diverge in different directions, volume increases, and the price jumps around. This happens in unstable markets or before important news. Extreme caution is needed here. I set a wide stop-loss because movements can be sharp and unexpected.

Here's what I've learned over years of working with triangle patterns in trading. First, volume is your best friend. If a breakout occurs without volume, it's a fake. Second, always look at the context. An ascending triangle works better in an uptrend, a descending one in a downtrend. Third, risk management saves your account. A stop-loss isn't optional; it's mandatory.

When you see one of these figures on the chart, remember: it's not a guarantee, but a probability. But if you combine the pattern with volume, trend, and proper position management, your chances greatly increase. I constantly apply these principles in my trading, and the results speak for themselves. The main thing is not to rush and wait for confirmation. Good luck in the markets.