User Tools

Site Tools


0_public:chart_pattern:triangles

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
0_public:chart_pattern:triangles [2024/11/08 19:43] – ↷ Page moved from chart_pattern:triangles to 0_public:chart_pattern:triangles pointnm0_public:chart_pattern:triangles [2025/11/01 23:42] (current) – removed pointnm
Line 1: Line 1:
-====== Triangles ====== 
  
-Ascending triangles are bullish, symmetrical triangles can move in either direction, and descending triangles are bearish. 
- 
-A technical triangle pattern is a chart formation indicating consolidation and potential breakout, formed by converging trendlines representing the asset’s highs and lows.((https://archive.ph/zmFWL#selection-2307.0-2307.171)) 
-===== Symmetrical Triangles ===== 
-  
-   * price range narrows 
-   * lower highs  
-   * higher lows 
-   * price can break out of the triangle in either direction 
- 
-Brent has also formed a symmetrical triangle pattern, which is a neutral pattern.  
-===== Ascending triangles ===== 
- 
-   * consistent highs and higher lows  
-   * bullish 
-   * price tending to break out upwards 
- 
-===== Descending triangles =====  
- 
-   * consistent lows and lower highs 
-   * bearish signal  
-   * price will tend to break out lower 
- 
-[[https://www.cmegroup.com/education/courses/technical-analysis/trend-and-continuation-patterns.html|cmegroup.com/trend-and-continuation-patterns]] 
0_public/chart_pattern/triangles.1731094995.txt.gz · Last modified: 2024/11/08 19:43 by pointnm