![]() (NASDAQ: PEIX) 10-day, 1-minute candles - courtesy of I don’t usually swing trade, so I mainly look for this pattern intraday.īefore I go on, here’s what an ascending triangle pattern looks like on a stock chart: Pacific Ethanol Inc. Whether you’re looking for an intraday or a swing trade based on a daily ascending triangle, the same principles apply. Whether you’re looking at a daily chart or an intraday chart, it’s still a bullish pattern. The best part? You can apply this pattern - like other patterns in the stock market - to different time frames. These are the two main ways to describe whether a stock is going up or down.īullish means the stock price looks like it should move higher - that’s what the ascending triangle pattern indicates. I’m sure you’ve heard of ‘bulls’ and ‘bears’ in the stock market. The ascending triangle pattern is considered a bullish pattern. 10.1 Two Ways to Grow Your Knowledge Account.9.2 Ascending Triangle Pattern Screener.9.1 Ascending Triangle Pattern Trading Strategy.9 How Do You Trade Ascending Triangles? Pro Tips.8 Example of How to Interpret the Ascending Triangle Pattern.7 What Are the Limitations of the Ascending Triangle Pattern?.6 What Are the Advantages of the Ascending Triangle Pattern?.4 What Is a Symmetrical Triangle Pattern?.3 Understanding the Difference Between an Ascending Triangle and a Descending Triangle.2.1 How to Identify an Ascending Triangle Pattern.2 How Does the Ascending Triangle Pattern Work?.1 What Is an Ascending Triangle Pattern?.Do your due diligence and never risk more than you can afford to lose.) My top students and I have the benefit of many years of hard work and dedication. (*Please note: My trading results, along with the results of my top students, are far from typical. Let’s go over what the ascending triangle pattern is, how it works, and how to find it in play… If you’re looking for a simple bullish pattern, the ascending triangle pattern is one worth knowing. When you’re first starting out, you gotta expose yourself to as many patterns and as much knowledge as possible. Like Jack Kellogg who’s now up over $750K* … Learn more about him and other top Challenge students in this recent New York Post article. My students have taken the time to find patterns and develop strategies that work for them. I’ve developed strategies that work for me. I have my go-to patterns, like the supernova and the cup and handle. Some patterns are more advanced and require more expertise to spot … Others are simpler and more newbie-friendly. Do you know the ascending triangle pattern?
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