Ascending Triangle
ChartBullish pattern with flat resistance and rising support. Higher lows show increasing buying pressure.
Success Probability: 79%
Pattern Visualization
How to Identify
- Flat horizontal resistance line
- Rising support line (higher lows)
- Lines converge forming triangle
- Breakout above resistance confirms
Trading Tips
Bullish continuation. Enter on resistance breakout. Stop below recent low. Measure triangle height for target.
Bullish pattern with flat resistance and rising support. Higher lows show increasing buying pressure.
Trading Strategy
Bullish continuation. Enter on resistance breakout. Stop below recent low. Measure triangle height for target.
How to Identify
- Flat horizontal resistance line
- Rising support line (higher lows)
- Lines converge forming triangle
- Breakout above resistance confirms
Risk Management
With a 79% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.