All language subtitles for 2. Ascending triangle chart pattern

Hello, everyone, this is the ascending triangle, the ascending triangle needs at least two resistance

lines in a horizontal sequence, which means at least two straight lines and needs to support level

to the upside to be valid.

Two steps on the trend line is mandatory.

Anything above that is bonus.

And furthermore, confirmation.

This is the diagram which I've drawn for you, as you can see, straight resistance line and the support

lines to the upside.

This is the hypothetical example of ascending triangle.

The Sunni Triangle can be found in uptrend or downtrend.

Thus signaling triangle is bullish pattern only whenever you spot ascending triangle on the chart,

it has a strong possibility of breaking through the upside.

This is the ascending triangle which I've drawn for you below.

The interpretation is that we should wait for prickled.

Let's suppose the price is consolidating over here.

We should wait for breakout to the upside when the breakout happens.

This will be our buying point.

This Diceman and our target for this pattern would be the same.

We have to measure this.

This is approximately forty two percent up.

Our take profit would be here.

Forty two percent up.

This would be our take profit zone.

So we should wait for the breakout and after that we should but not take profit would be here.

Let's go to the chart and find some ascending triangles on the chart.

As you can see over here, we have cleared straight resistance level over here, let's market.

This is the resistance level.

We need at least two steps which have been made perfectly and the support lines to the upside, which

makes perfect ascending triangle, as you can see.

This is the perfect ascending triangle.

The kind of closed above this, which means this is our buying.

So let's measure this.

It's approximately eight percent the distance of this triangle.

So eight percent would be r take profit.

This will be a big profit.

As you can see, the price was consolidating, broken, and it started, as you can see here, ascending

triangle is a strong bullish pattern.

So you guys should be aware of it.

Let's find another example.

As you can see or hear, straight resistance lines.

And support line up, so let's measure the distance, approximately 17 percent, as you can see or hear,

the triangle got broken and straight towards take profit to be it.

So this was the ascending triangle.

I hope you have understood.

Let's move on to our next picture.