... continuation figure (sometimes a reversal), characterized by a converging price range. On the chart, it looks like two converging lines: one is an inclined resistance line from above, the other is a support line from below. The price seems to be compressed, volatility falls. When these lines almost converge, there is usually a sharp exit of the price from the triangle. If the breakout occurs upward, it means that the upward trend has strengthened (the price will go higher). A breakout downward, accordingly,...