Point and Figure Symmetrical Triangle Up

Symetrical Triangle Up

 

A Symmetrical Triangle Up occurs when the high box of bar 0 is equal to or higher than the high box of two bars ago, the high box of two bars ago is exactly two boxes lower than the high box of four bars ago and the low box of one bar ago is exactly two boxes higher than the low box of three bars ago.


Reference: Kaufman, Perry J.. The New Commodity Trading Systems and Methods. New York, New York: John Wiley & Sons, 1987.