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1 - Ascending triangle :-

The ascending triangle is a bullish chart pattern formed by a horizontal resistance line and an upward sloping support line. It indicates increasing buying pressure. When the price breaks above the resistance with strong volume, it signals a potential upward move. Traders use this breakout as a buying opportunity.

2 - Descending triangle :-

The descending triangle is a bearish chart pattern formed by a flat support line and a downward sloping resistance line. It shows sellers gaining strength. A breakdown below the support level with high volume signals a potential price drop. Traders often use it to enter short positions or exit longs.

3 - Bullish symmetrical triangle:-

The bullish symmetrical triangle is a continuation pattern formed by converging trend line—one sloping down and one sloping up. It indicates price consolidation before a breakout. When the price breaks above the upper trendline with strong volume, it signals bullish momentum. Traders see this as an opportunity to enter long positions.

4 - Bearish symmetrical triangle:-

The bearish symmetrical triangle is a continuation pattern formed by converging trend line—one sloping down and one sloping up. It shows price consolidation during a downtrend. When the price breaks below the lower trendline with strong volume, it signals bearish momentum. Traders use this breakdown to enter short positions confidently.

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