#2 Ascending Triangle
The 2nd most bullish pattern is the Ascending Triangle.
The Ascending Triangle is formed after an initial trend higher and is typically a consolidation before price continues higher.
The price oscillation during consolidation consists of at least 2 swing highs and 2 swing lows.
Eventually price meets at the top of the triangle and a breakout occurs.
It’s common for ascending triangles to have one or more false breakouts before a final price direction is achieved.
Price target is determined from taking the height of the thickest end triangle.
Interested in more bullish patterns? See #1 Double Bottom.

The 2nd most bullish pattern is the Ascending Triangle.
The Ascending Triangle is formed after an initial trend higher and is typically a consolidation before price continues higher.
The price oscillation during consolidation consists of at least 2 swing highs and 2 swing lows.
Eventually price meets at the top of the triangle and a breakout occurs.
It’s common for ascending triangles to have one or more false breakouts before a final price direction is achieved.
Price target is determined from taking the height of the thickest end triangle.
Interested in more bullish patterns? See #1 Double Bottom.

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Feragatname
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.