Triangle pattern - Triangles: A Short Study in Continuation Patterns
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What are Triangle chart Patterns
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Symmetrical Triangle Pattern
Those instances usually happen when the ascending triangle develops within a downtrend.
If it develops within a downtrend it can be considered a bearish continuation pattern.
With the ascending triangle, we can have a perfect head start, and see the trading opportunity before it happens.
Ascending Triangle Pattern: Full Guide [2022]
I hope you found this article helpful and you learned something new.
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Conversely, when a symmetrical triangle appears within a down trend, the chances of a break out to the downside are more valid.
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