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.