Patterns › Ascending triangle
Chart patterns
Ascending triangle
A flat ceiling and rising floor squeeze together, then price breaks up.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 7 | 29% | 71% | 0% |
| United States | 8 | 38% | 50% | 12% |
| Japan | 4 | 50% | 50% | 0% |
| Crypto | 116 | 36% | 59% | 5% |
| Forex | 13 | 77% | 23% | 0% |
| Commodities | 3 | 0% | 100% | 0% |
Counted on real past charts by the Trading Class research engine, 151 cases in all. Past odds, not a forecast.
How to practise it
Where are the two lines? Then decide: buy, sell, or wait? In the app, 36 real examples of the ascending triangle wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Ascending triangle.
Related
Double bottom · Double top · Head and shoulders · Inverse head and shoulders · Descending triangle · Symmetrical triangle · Rising wedge · Falling wedge