Ascending Triangle Pattern
A 1-minute lesson from the MarketPro academy, one of 22 in chart patterns.
An ascending triangle is typically viewed as a continuation pattern that forms when price makes a series of higher lows while repeatedly testing a roughly flat resistance level overhead. The rising lower trendline reflects increasingly eager buyers stepping in at higher prices, while the flat upper line marks a consistent supply level.
An ascending triangle is typically viewed as a continuation pattern that forms when price makes a series of higher lows while repeatedly testing a roughly flat resistance level overhead.
The rising lower trendline reflects increasingly eager buyers stepping in at higher prices, while the flat upper line marks a consistent supply level. The pattern is generally considered complete once price breaks decisively above the flat resistance line.
Finish this lesson in the MarketPro app
2 more sections of Ascending Triangle Pattern, plus all 320 lessons, the quizzes that check each one landed, and the streak that keeps you coming back. All of it is free on any account, including a free one. There is no paywall inside the academy.
Scan with your phone camera to install MarketPro and open this lesson.
Free account, no card. The academy has no paywall inside the app.
Not investment advice. Past performance is not indicative of future results.
Run the numbers while this is fresh
The arithmetic in this category has a free calculator on this site, no sign-up and nothing leaves your browser: Position size calculator, Profit & loss calculator.
The whole academy is free in the app
All 320 lessons, 12 guided paths, quizzes and a daily streak. Free on every account, with vetted free signals alongside it.
Not investment advice. Past performance is not indicative of future results.