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Home • Technical Analysis • Ascending Triangle of Currency Pair

Ascending Triangle of Currency Pair

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 patterThe 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 pattern which should move sharply once it breaks out through the top end of the triangle. The breakout should be accompanied by a large price move with heavy volume.