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So, if the upper resistance trendline of the triangle is only mildly downward sloping, but its lower support line is rising quite steeply, then that has bullish implications for the pattern’s ...
Triangle patterns are aptly named because the upper and lower trendlines ultimately meet at the apex on the right side, forming a corner. These patterns are formed once the trading range of a ...
Look for a significant price increase preceding the pattern Observe a series of lower highs and higher lows forming the triangle Watch for a breakout above the upper trendline, confirming the ...