The hinge can be called a triangle or it can be called a coil, but what it's called is irrelevant. What is important is that wide disagreements among buyers and sellers as to the value of whatever it is become ever-narrower over time, which may last for minutes or weeks. This narrowing is accompanied by a decline in volume. Once price reaches equilibrium, it will then move either up or down. If the volume is conducive to an explosive move, there will be one. If interest dies, then you end up with a lateral range. Is there a way of determining whether price will move up or down after it's reached equilibrium? Not by 100%. That's why the trader has to be prepared for both, as I tried to point out with regard to oil last February (the idea of preparing for both eventualities was met with great hilarity by The Elite).
Trading is all basically patterns (and investing too, to a lesser extent) -- otherwise, it would just be basically gambling on what color the roulette ball will land on ops:
Is it just because of the leverage and limited downside in options ? In FX outside the US you could take a 500x leveraged position in lets say the GBP/USD. If you had the balls and a 1000$ you could have caught 100 pips per day @ 500 x leverage on several occasions do this 5 times and you have $3m. Or to improve your odds you could have 100x leverage have a 100 pip stop/take profit and either double or blow you account. Obviously its easier said than done haha
Or even better - use digital options to make double or lose all in one trade. ofc the loss is limited to debit, so if you have something viable, reinvest it 20x and win the world.