ascending triangle forming on 15m chart

1 Nis

NVDA on the 15m chart looking ready to breakout of bullish ascending triangle pattern.

1 Nis

Not

However, we must keep in mind that NVDA is still trading within a downward trending channel if we look at it on the daily or weekly charts.

So this ascending triangle is a bullish short-term chart pattern within the context of a bearish longer-term trend.