In the study of technical analysis, triangles fall under the category of continuation patterns. There are three different types of triangles, and each should be closely studied.

For example, a symmetrical triangle pattern might start at a low of $10 and increase to $15 before the price range narrows over time. A breakout from $12 would imply a price target of $17 ($15 ...

An ascending triangle pattern has formed on the chart of SoFi Technologies (SOFI). This is a bullish pattern.