ASSENDING TRIANGLE PATTERN

20 Ağu 2021

GSPL GSPL Positional View. Good to go long
REASONS TO TRADE:
UPTREND
ASCENDING TRIANGLE
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Disclaimer
I am not Sebi registered analyst
My studies are Educational purpose only
Please consult with your financial advisor before trading or investing

ABOUT THIS PATTERN:
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.