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LeLaf
Mar 2, 2021 11:59 PM

FDM.CA: Ascending Triangle Long

Description

Ascending Triangle
Pros:
Descending volume during flag forming
PPS above 50MA and 200MA
Golden cross in blue
RS above 0, but flat
ATR Ascending
R/R ratio above 5
Cons:
250RSI below 50
200MA flat

Target:
PT = 0.535$

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Comments
secretsanta007
Could this still fill?
LeLaf
@secretsanta007, I think you got your answer.
otaborda
how much do you like the ascending triangles TA compared to Bullish flag and pennants?
LeLaf
@otaborda, I prefer pennants and Flags. Way more upside and they fill faster than that ascending triangles.
otaborda
@LeLaf, thanks for your time ! noted !!
MoneyMakerTrade
Nice chart !
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