What Is Ascending Triangle?
The Ascending Triangle is a bullish chart pattern with a flat resistance line and rising support line. The higher lows show increasing buying pressure, and the pattern typically resolves with a breakout above the flat resistance.
Win Rate
72%
Avg Move
Triangle height
Best TF
4H/Daily
BullishChart FormationMany CandlesIntermediateHigh Reliability
Key Characteristics
- Flat resistance with rising support (higher lows)
- Volume decreases during formation
- Breakout occurs on increased volume
- Measured move = height of the triangle
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