The ascending triangle is a variation of the Symmetrical Triangle.The difference is that the Ascending Triangle has a resistance line instead of a downward slanting trendline like in the Symmetrical Triangle.The ascending triangle is a continuation pattern,it is generally considered bullish and is most reliable when found in an uptrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.