Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...
As bullish chart patterns go, the ascending triangle is a good one. Unlike the downward wedge, where a stock that’s trending down is hypothetically approaching a breakout, an ascending triangle ...
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 ...
The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...
Astral Ltd, a plastic product company, has broken out of an Ascending Triangle pattern on its daily chart, signaling ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Bitcoin creates an upward triangle around $110K. The market analysts suggest that a surge value above 112K will trigger additional all-time highs. Monitor important resistance levels.
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...
On the daily timeframe, Bitcoin broke out of its ascending triangle on March 27 to the upside, bringing the much-anticipated level of $50,000 within its range. Interestingly, ascending triangles are ...