🔺 ASCENDING TRIANGLE PATTERN – THE SILENT BUILD-UP TO A BULLISH BREAKOUT 📈

The Ascending Triangle isn’t just a chart shape — it’s a clear signal that buyers are gaining strength. Once that resistance breaks, price often surges.

🔍 What Is It?

An Ascending Triangle forms when:

🔹 Price prints higher lows

🔹 Sellers hold a flat resistance line

🔹 Price compresses, forming a triangle

🔹 A bullish breakout is often the outcome

🧠 How to Spot It:

✔️ Draw a rising trendline under the lows

✔️ Draw a horizontal resistance above the highs

✔️ Watch for volume to drop during formation

✔️ Look for a volume spike on breakout

✅ How to Trade It:

📌 Entry: After a breakout + volume confirmation

📌 Stop-loss: Below trendline or last swing low

📌 Target: Height of triangle projected from breakout

💡 Pro Tips:

🔁 Pullbacks to trendline = great entry opportunities

⚠️ Low volume breakout? Stay cautious — could be a fakeout

📊 Use RSI/MACD to confirm momentum

⏳ Longer the pattern, stronger the breakout

🎯 Why It Matters:

The Ascending Triangle offers:

✅ Clear entry

✅ Defined risk

✅ Strong upside potential

Perfect for traders who want consistency over luck.

📉 Missed the breakout?

Look for a retest of the breakout zone — second chance entries often work well.

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