[{"data":1,"prerenderedAt":325},["ShallowReactive",2],{"api/learn-center-post-en-GB-what-are-bilateral-chart-patterns":3,"en-gb/learn/crypto-trading/what-are-bilateral-chart-patterns-en-GB-seo":57,"footer-en-GB":62,"navigation-en-GB-learn-center":235,"api/learn-categories-en-GB":285},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"What are bilateral chart patterns?","What are bilateral chart patterns - Crypto Trading","Bilateral patterns are tricky to trade, since they’re not as reliable. Learn more about bilateral chart patterns - Bitstamp Learn Center",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/52png_41467218c7_262ed4d519.png","image/png",".png",192,108,"52png_41467218c7.png","",[],[20,23,26],{"pathname":21,"locale":22},"/learn/crypto-trading/what-are-bilateral-chart-patterns/","en",{"pathname":24,"locale":25},"/es/learn/crypto-trading/what-are-bilateral-chart-patterns/","es",{"pathname":27,"locale":28},"/en-gb/learn/crypto-trading/what-are-bilateral-chart-patterns/","en-GB",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/crypto-trading/","Crypto trading",true,{"id":35,"text":5,"url":27,"asUrl":36},"what-are-bilateral-chart-patterns",false,"\u003Cp>Chart patterns are used to predict whether the price of an asset is going to rise or fall. But not all patterns are quite as straightforward as this sounds. Some are not clearly \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-bulls-and-bears/\">bullish or bearish\u003C/a>, nor do they strictly indicate a \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-continuation-chart-patterns/\">trend continuation\u003C/a> or \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-reversal-chart-patterns/\">reversal trend\u003C/a>. Such patterns are known as \u003Cstrong>bilateral chart patterns\u003C/strong>.\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>Chart patterns are used to predict whether the price of an asset is going to rise or fall. But not all patterns are quite as straightforward as this sounds. Some are not clearly \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-bulls-and-bears/\">bullish or bearish\u003C/a>, nor do they strictly indicate a \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-continuation-chart-patterns/\">trend continuation\u003C/a> or \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-reversal-chart-patterns/\">reversal trend\u003C/a>. Such patterns are known as \u003Cstrong>bilateral chart patterns\u003C/strong>.\u003C/p>\n\u003Cp>Bilateral patterns are tricky to trade, since they’re not as reliable as the other two categories. When trading them, it is essential to take into account the current market trend and other trading tools, to determine the most probable outcome.\u003C/p>\n\u003Cp>If this is the first time you are hearing about chart patterns, you might first want to read our \u003Ca href=\"/en-gb/learn/crypto-trading/introduction-to-chart-patterns/\">introductory article to chart patterns\u003C/a>, to learn the basics about chart patterns, which will help you better understand this article.\u003C/p>\n\u003Cp>BILATERAL CHART PATTERNS ESSENTIALS:\u003C/p>\n\u003Cul>\n\u003Cli>Bilateral chart patterns are indecisive patterns, as they do not point to a specific direction, thus their outcome is trickier to predict.\u003C/li>\n\u003Cli>Common bilateral chart patterns are:\u003C/li>\n\u003Cli>Rectangles\u003C/li>\n\u003Cli>Triangles: ascending triangle, descending triangle and symmetrical triangle.\u003C/li>\n\u003C/ul>\n\u003Ch3>The rectangle\u003C/h3>\n\u003Cp>The \u003Cstrong>rectangle\u003C/strong> is formed when the price stagnates for a while in a bullish or bearish market trend. The price consolidation happens between horizontal support and resistance levels, forming a rectangular trading box. At the end of the consolidation phase, after \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-support-and-resistance/\">support and resistance levels\u003C/a> are tested a few times, the price breaks either upwards or downwards, making rectangles indecisive patterns. Note that, in a bull market, rectangles usually have more of a chance for a bullish breakout, while in a bear market, their outcome is more often bearish.\u003C/p>\n\u003Ch3>The triangles\u003C/h3>\n\u003Cp>The \u003Cstrong>ascending triangle\u003C/strong> is formed when consistent higher lows are formed, with a horizontal resistance above. This is the most bullish triangle, as it signals increased buying pressure, and it usually forms in a bull trend. If a bullish breakout happens at the end of an ascending triangle this confirms the pattern.\u003C/p>\n\u003Cp>The \u003Cstrong>descending triangle\u003C/strong> is the most bearish triangle and it usually forms during a bear trend. It is formed when a chart is reaching ever lower highs, with a horizontal support below the pattern. The pattern shows increased selling pressure at an ever lower price. A bearish sell-off happens at the end of the pattern confirms it.\u003C/p>\n\u003Cp>The \u003Cstrong>symmetrical triangle\u003C/strong> is the most neutral of all triangles and should, therefore, be traded with extra caution. It is characterized by a descending upper trendline and an ascending lower trendline. Forming lower highs and higher lows, the triangle tightens, and this is followed by a breakout in price to conclude the pattern.\u003C/p>\n\u003Cp>Among all types of chart patterns, the group of bilateral patterns is considered the most uncertain. It is difficult to predict whether the price will rise or fall after a bilateral pattern has been formed, so it is essential that the predicted price move is then confirmed. Taking other types of patterns, as well as fundamental factors into consideration is also advisable to avoid losses and secure gains.\u003C/p>\n","full","left",{"text":17},[],[],"July 29th, 2024",{},{"title":32,"url":31,"geofencings":53},{},{"previous":55,"next":56},"/en-gb/learn/crypto-trading/understanding-tradeview/","/en-gb/learn/crypto-trading/what-are-bollinger-bands/",{"description":7,"ogDescription":7,"ogImage":58,"twitterImage":58,"twitterSite":59,"twitterCreator":59,"twitterCard":60,"twitterTitle":6,"twitterDescription":7,"titleTemplate":61},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/52png_41467218c7_262ed4d519.png","@Bitstamp","summary_large_image","%s",{"ready":33,"sections":63,"disclaimer":233,"copyright":234},[64,102,115,138,175,194],{"title":65,"content":17,"items":66},"About",[67,72,77,82,87,92,97],{"noFollow":33,"isExternal":36,"name":68,"value":69,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":70,"geofencings":71},"Who We 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Kingdom",{},{},{"title":195,"content":17,"items":196},"Contact",[197,202,206,210,214,218,223,228],{"noFollow":36,"isExternal":36,"name":198,"value":199,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":200,"geofencings":201},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":224,"value":225,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":226,"geofencings":227},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":229,"value":230,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":231,"geofencings":232},"+352 20 88 10 96","+35220881096",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"items":236,"ready":33,"platformButtonText":281,"backButtonText":282,"logInButtonText":283,"signUpButtonText":284},[237,242,247,250,254,259,264,267,272,277],{"headerName":238,"sidemenuName":119,"url":239,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":240,"submenu":241,"tag":17},"Institutions","/en-gb/institutional-trading/",{},[],{"headerName":243,"sidemenuName":243,"url":244,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":245,"submenu":246,"tag":17},"Derivatives","/perpetual-futures/",{},[],{"headerName":134,"sidemenuName":134,"url":135,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":248,"submenu":249,"tag":17},{},[],{"headerName":251,"sidemenuName":251,"url":107,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":252,"submenu":253,"tag":17},"Mobile App",{},[],{"headerName":255,"sidemenuName":255,"url":256,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":257,"submenu":258,"tag":17},"Markets","/markets/",{},[],{"headerName":260,"sidemenuName":260,"url":261,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":262,"submenu":263,"tag":17},"Earn Stake","/en-gb/crypto-staking/",{},[],{"headerName":111,"sidemenuName":111,"url":112,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":265,"submenu":266,"tag":17},{},[],{"headerName":268,"sidemenuName":268,"url":269,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":270,"submenu":271,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":273,"sidemenuName":273,"url":274,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":275,"submenu":276,"tag":17},"Learn","/learn/",{},[],{"headerName":278,"sidemenuName":278,"url":107,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":279,"submenu":280,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[286,290,294,298,302,305,309,313,317,321],{"title":287,"url":288,"geofencings":289},"Blockchain technology","/en-gb/learn/blockchain/",{},{"title":291,"url":292,"geofencings":293},"Company profiles","/en-gb/learn/company-profiles/",{},{"title":295,"url":296,"geofencings":297},"Crypto 101","/en-gb/learn/crypto-101/",{},{"title":299,"url":300,"geofencings":301},"Crypto definitions","/en-gb/learn/crypto-definitions/",{},{"title":32,"url":303,"geofencings":304},"/en-gb/learn/crypto-trading/",{},{"title":306,"url":307,"geofencings":308},"Cryptocurrency guide","/en-gb/learn/cryptocurrency-guide/",{},{"title":310,"url":311,"geofencings":312},"People profiles","/en-gb/learn/people-profiles/",{},{"title":314,"url":315,"geofencings":316},"Security","/en-gb/learn/security/",{},{"title":318,"url":319,"geofencings":320},"Tutorials","/en-gb/learn/bitstamp-tutorials/",{},{"title":322,"url":323,"geofencings":324},"Web3","/en-gb/learn/web3/",{},1772794146302]