An ascending triangle is a chart pattern
used in technical analysis. It is created by
price moves that allow for a horizontal
line to be drawn along the swing highs
and a rising trendline to be drawn along
the swing lows. The two lines form a
triangle. Traders often watch for
breakouts from triangle patterns.
used in technical analysis. It is created by
price moves that allow for a horizontal
line to be drawn along the swing highs
and a rising trendline to be drawn along
the swing lows. The two lines form a
triangle. Traders often watch for
breakouts from triangle patterns.