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Pattern

Ascending Triangle

A triangle variation with a flat upper boundary and rising lower boundary. In Elliott Wave context, this is a form of barrier triangle where the upper trendline acts as resistance while the lows compress upward.

RELATED TERMS

Triangle
A five-wave sideways corrective pattern labeled A-B-C-D-E. Triangles form conver...
Barrier Triangle
A triangle variation where one trendline is horizontal while the other converges...
Descending Triangle
A triangle variation with a flat lower boundary and declining upper boundary. Th...
AlternationAll TermsBarrier Triangle