The presenter discusses a basic chart cycle and where in the cycle to look for a triangle to set up in the corrective phases of a bull or bear market move. He covers a few different triangle setups; the symmetrical triangle, descending
The speaker walks through a live trading example which illustrates a bullish ascending triangle pattern. He mentions that volume provided him with the clue that the stock was getting ready to break out. He talks about how he entered into this trade and then discusses the
The speaker discusses the bullish ascending triangle and mentions it is a variation of the symmetrical triangle. The top of the triangle appears flat while the bottom is rising. The ascending triangle is a continuation patter
Video of DRYS ascending triangle. An ascending triangle is a bullish chart pattern which consists of higher lows with similar highs. This pattern shows how buyers are willing to step in on each pullback, but do so at higher levels. This is a
The speaker provides an indepth overview of the ascending triangle and suggests that it is one of the most reliable technical chart patterns out there. The ascending triangle is a bullish continuation pattern which has a flat upper resistance line with a rising uptrend line. The resistance line should be touc
An ascending triangle is a bullish chart formation. They can take place in both bull and bear markets, but often times they are a continuation pattern of an existing uptrend.