Glossary › ascending triangle

Trading glossary · patterns

ascending triangle

A chart shape where the top stays flat but the dips keep getting higher, squeezing price until it often breaks out.

The fuller meaning

A triangle with flat resistance and rising lows: buyers keep paying more into a fixed ceiling. It completes on a close above the flat line, and classic texts treat it as bullish, though it can also break down. In this app its real-chart outcomes are measured, not promised.

ascending triangle.

Related words

apex · bear flag · bull flag · busted pattern · chart pattern · continuation · continuation pattern · converging lines · cup and handle · descending triangle