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Related to triangle of Petit: Grynfeltt triangle, triangle of auscultation


In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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In technical analysis, a chart pattern indicating the convergence in the movement of successive high and low prices and characterized by a formation that resembles a triangle turned on its side. A triangle indicates a period of combat between bulls and bears with the technical analyst having to determine the winner. If prices break out of the triangle on the upside, it is a bullish sign. A breakout on the downside indicates the bears are winners. The closer the breakout occurs to the point of the triangle, the less conclusive the signal to buy or sell. Also called coil, flag, pennant, wedge. See also ascending triangle, descending triangle.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The lumbar triangle of Petit is an easily identifiable, fixed, and palpable landmark, and is located dorsal to the mid-axillary line.
"An anatomical study of the transversus abdominis plane block: location of the lumbar triangle of petit and adjacent nerves," Anesth Analg 2009; 109; (3); 981-985.
This blind technique requires identification of a fixed and palpable land mark, the lumbar triangle of petit which is bounded anteriorly by external oblique, posteriorly by latissimus dorsi, inferiorly by iliac crest and superiorly by sub-coastal margin (Figure-1).
Transversus Abdominis Plane Block (TAPB) can be performed through the lumbar triangle of Petit formed by external oblique muscle anteriorly, lattissimus dorsi muscle posteriorly, iliac crest inferiorly and is usually identified as a defect 1 cm above the iliac crest in midaxillary line.

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