Ascending Triangle Patterns in Forex Market
Learn about ascending triangle patterns in the forex market and how they can indicate potential bullish price movements.
Ascending Triangles are a powerful pattern used in technical analysis to predict future price movements in the stock market. They are formed by drawing a horizontal resistance line connecting the highs of the price and an ascending trendline connecting the higher lows. The resulting triangular shape indicates a period of consolidation, with the potential for a bullish breakout.
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Forex education