Ascending Triangle in ICICI
An ascending triangle is a chart pattern
used in technical analysis. It is created by
price moves that allow for a horizontal
line to be drawn along the swing highs
and a rising trendline to be drawn along
the swing lows. The two lines form a
triangle. Traders often watch for
breakouts from triangle patterns.
used in technical analysis. It is created by
price moves that allow for a horizontal
line to be drawn along the swing highs
and a rising trendline to be drawn along
the swing lows. The two lines form a
triangle. Traders often watch for
breakouts from triangle patterns.
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