A symmetrical triangle is a chart pattern used in technical analysis to indicate potential price movements in financial markets. It forms when the price of an asset creates a series of higher lows and lower highs, converging towards a point. This pattern suggests that the market is experiencing a period of consolidation before a breakout occurs. Traders often look for symmetrical triangles in the price charts of stocks, commodities, or currencies. The breakout can happen in either direction, making it essential for traders to monitor volume and other indicators to anticipate the next move. Understanding this pattern can help in making informed trading decisions.