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A symmetrical triangle is generally neutral and may break in either direction. It can continue the prior trend, but reversal breakouts also occur. Wait for price confirmation rather than assuming the prior trend will resume.

The classic measured move technique takes the height of the triangle at its widest point (the base) and projects that distance from the breakout point in the direction of the break. This gives an objective target. Some traders scale out partway or use trailing stops instead. Targets are estimates based on historical behavior, not guarantees, so combine them with support, resistance, and prudent position sizing.

A symmetrical triangle may show contracting range and volatility as the boundaries converge. Volume may contract, but CFD volume data can be broker-feed tick volume rather than centralised exchange volume. The pattern indicates possible compression, not a guaranteed breakout.

Reliability varies with context, timeframe, liquidity and breakout confirmation. False breakouts are common. Treat the pattern as one input and define risk before trading rather than presenting it as a reliable standalone signal.

A common approach is to wait for a decisive close beyond the trendline and, optionally, a retest. A stop can be placed beyond a logical invalidation level, but the exact placement depends on volatility and position size. Gaps and fast markets can produce worse execution than the stop level.

The measured move projects the triangle’s widest height from the breakout point. It is an estimate, not a promised target. Nearby levels, spread, slippage and changing volatility can affect whether the level is reached.