There are two types of triangles: symmetrical and ascending. The ascending triangle is also called a bullish or rising triangle when the uptrending price action forms the shape. Conversely, the ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Anish Singh Thakur is CEO, Booming Bulls Academy. As the stock exchange accommodates new investors every day, the stark gap between the seasoned players and the neophytes often starts to get exposed.
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...