Master the triangle chart pattern, learn how to identify, ... Expanding triangles are the exception because they can show the opposite characteristics of increasing volatility and more active ...

It looks quite distinct from other triangle patterns like the symmetrical, descending and expanding triangles. ... Identifying an Ascending Triangle Pattern on Forex Charts.

The weekly chart is used to clarify the situation. You can see that gold has been evolving an expanding triangle consolidation pattern for more than two years.

As feared; a triangle is the high probability scenario when the over-extended 3rd for Compq and the extended 3rds for Dow and Spx got retraced by more than ...

The expanding triangle is a form of consolidation and price discovery where the boundaries of the pattern are marked by lines that are headed away from each other and will never cross.

If that occurs a test of the bottom range of the expanding triangle could be in process. Measured Move Higher Targets A more significant upside target in natural gas lies around 3.00, close to the ...

For example, the Bitcoin price chart above shows the BTC/USD trading pair forming an ascending triangle pattern between April 2020 and July 2020. The BTC price breaks out of the triangle range in ...