What is a triangle in technical analysis?

A triangle is a chart pattern, depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.

What are triangle patterns?

There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles. Triangle patterns are aptly named because the upper and lower trendlines ultimately meet at the apex on the right side, forming a corner.

How did a triangle test work?

The samples were marked with three-digit random codes. For each triangle test, the subjects evaluated the products, following one of six possible presentation orders, which were presented an equal number of times.

Why should a panelist use products in a triangle test?

By using products, in the test, which have a large difference the panelist can be introduced into what is required in the triangle test, and he/she can be trained to discriminate finely between products by progressively reducing the difference between the samples.