are triangle patterns bullish or bearish 
that depends on the type of triangle ascending triangles tend to be bullish as they indicate the continuation of an upward trend in some cases they may also point to the reversal of a downtrend a descending triangle on the other hand are bearish that s because they point to the continuation of a downtrend or the reversal of an uptrend the bottom linetechnical analysis requires a great deal of practice and patience this is true of any type of trading tool used in this strategy including triangle chart patterns it s important to keep in mind that the market is very unpredictable and can swing in any direction even if these tools can be used to make predictions about trends if you re going to use triangle patterns make sure you take positions only after you confirm a breakout in the price action of the security in question 