TradingView
Rachel_T
Sep 4, 2018 3:36 AM

Ascending Triangle (Continuation Pattern) Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Ascending Triangles:

The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend (Known as an "Ascending Triangle Bottom Reversal Pattern)" as defined here
where the end of the bear market (Primary Wave Correction) was comnpleted.

Trade closed: stop reached

Stop Limit Hit, Idea Closed
More