
Technical | Analysis page 346 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 15 Bar Chart Patterns 317 Ascending Triangle A horizontal upper bound of resistance combined with an upward sloping lower bound of sup- port defines an ascending triangle (shown in Figure 15.7 with a breakout down). The characteris- tics in this pattern are just as erratic as in descending…