Ascending triangle pattern breakdown target illustration. Beware of fakeouts. Some clues can be obtained by checking the accompanying trading volume. An uptick is typically seen as a sign of strength.

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 ...

The opposite of this trading pattern is a descending triangle. It occurs the same way but for a bearish run. It suggests a pullback is likely. 6. Gaps.

Triangle Pattern. Tradingview. Pennants . Pennants are short-term continuation patterns that appear after a sudden price move, known as the flagpole.

An ascending triangle pattern has formed on the chart of SoFi Technologies (SOFI). This is a bullish pattern.

Dear traders, XAU/USD (Gold) is moving sideways in a triangle chart pattern. The ABCDE waves (blue) are expected to be completed soon. The XAU/USD (blue) could be in ...

The stock has formed an ascending triangle chart pattern, a popular continuation sign. This pattern is made up of a horizontal line and an ascending trendline. The Rolls-Royce share price has ...

Triangle support is near $132," analysts at Fairlead Strategies said in a note to clients Monday. "We hold a neutral bias until a breakout unfolds," analysts added. Solana changed hands at $155 at ...

XRP could chart new highs by late 2025, potentially validating the symmetrical triangle’s bullish breakout target, if the onchain pattern holds. XRP liquidation heatmap hints at $2.34-2.40 ...