Ascending Triangle – Guest Post
Factor Trading is honored to be partnered with my friend Aksel Kibar and his firm TechCharts to provide comprehensive coverage of global forex, futures and equity markets from the perspective of classical charting principles. Below is a guest post I thought provided members of Factor and the wider community with great value.
Regards,
Peter Brandt
Ascending Triangle - Video Tutorial
by Aksel Kibar
Right angle triangles, with the hypotenuse slanting upwards from the origin of the pattern, are Ascending Triangle chart patterns and they are bullish.
The below educational video describes how to identify a bullish ascending triangle, along with some of the characteristics of this pattern that could help you identify and take advantage of such patterns within your own personal trading.