Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
Continuing with the classic chart patterns, we will be discussing Triangles. There are three types of triangles - Ascending, Descending and Symmetrical Triangle. An Ascending Triangle is a bullish ...
Anish Singh Thakur is CEO, Booming Bulls Academy. As the stock exchange accommodates new investors every day, the stark gap between the seasoned players and the neophytes often starts to get exposed.
The triangle pattern is believed to be one of the most reliable & popular because its post pattern implications are faster than others. In the study of technical analysis, triangles fall under the ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
There are two types of triangles: symmetrical and ascending. The ascending triangle is also called a bullish or rising triangle when the uptrending price action forms the shape. Conversely, the ...
Ascending triangle is a bullish continuation pattern, typically regarded as a healthy correction for long-term market trends. Recognising the pattern and breakout can aid a trader in looking for good ...
Chart patterns are an integral aspect of technical analysis, but they require some getting used to before they can be used effectively. To help you get to grips with them, here are 10 chart patterns ...