I'm posting these again because there are so many new traders here 🤙
Take it with a grain of salt. If it works for you, great! Just remember, five different people can look at that chart and see five different things 😂
The Ascending Triangle  
January 30, 2021
What is an Ascending Triangle formation?
Like many of the patterns we have explored, the ascending triangle is often regarded as a continuation pattern. The formation shows a period of consolidation before a breakout.  
This pattern is created when the following occur:
Price action allows for a horizontal trend line to be drawn attaching at LEAST two highs. 
A trend line can be drawn along at LEAST two lows
Traders watch for breakouts along the upside of the ascending triangle because the breakout generally occurs in the direction of the trend. 
What is an Ascending Triangle actually telling us?
...