The triangle pattern is one of the most popular price patterns in Forex because it is easy to recognize, has a good risk to reward setup, and provides clear and concrete price objectives.

It looks quite distinct from other triangle patterns like the symmetrical, descending and expanding triangles. Forex traders often look for ascending triangles during uptrends since they signal a ...

The descending triangle pattern is confirmed once the price breaks below the support level with high trading volume, signaling a bearish breakout. These components form a distinct triangular shape ...

An ascending triangle pattern generally occurs on an uptrend, thereby enduring the price movement in the same direction. Generally, a reverse pattern is considered a trend continuation pattern.

Identifying symmetrical triangles in uptrends When a symmetrical triangle forms during an uptrend, it's often seen as a bullish continuation pattern. This means that the preceding uptrend is expected ...

To better understand the workings of this pattern, let’s do a quick overview of the psychology behind it. For several months now, the US30 has been working its way higher creating an ascending ...

If the integrity of the AB=CD pattern is maintained, natural gas should not drop below the most recent swing low of 2.14. If that occurs a test of the bottom range of the expanding triangle could ...

Identifying symmetrical triangles in uptrends When a symmetrical triangle forms during an uptrend, it's often seen as a bullish continuation pattern. This means that the preceding uptrend is expected ...