How to Trade the Ascending Triangle Chart Pattern 💡

Ascending triangle chart pattern. http://www.financial-spread-betting.com/course/ascending-triangle.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! How do you recognise an ascending triangle chart pattern and how does it form? This pattern can be applies to any timeframe from hourly to weekly and even longer timeframes and as such is suitable for day traders or swing traders alike. With an ascending triangle you have a resistance line at the top - you have all these points where price is struggling to push any higher. This is normally considered as a bearish pattern. My reasoning for this is that the price is moving higher with buyers being a bit more aggressive than last time or sellers aren't being so aggressive and pushing it so low. At the top there is a solid resistance roof - the idea is to buy the breakout and ride the upside.

Видео How to Trade the Ascending Triangle Chart Pattern 💡 канала UKspreadbetting