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What is triangle pattern in technical analysis?

A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. 

The triangle pattern is sometimes referred to as a "continuation pattern," which means that the price will continue to move in the same direction as it was before the pattern formed.

A symmetrical triangle chart pattern generally represents a decrease in market volatility.

The ascending triangle is a bullish continuation pattern, signalling that as price keeps making higher lows, buyers are acting more aggressively than sellers.

The triangle pattern is sometimes referred to as a continuation pattern, which means that the price will continue to move in the same direction as it was before the pattern formed. There are 3 types of triangle pattern.

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What is triangle pattern in technical analysis?

The triangle pattern is sometimes referred to as a continuation pattern, which means that the price will continue to move in the same direction as it was before the pattern formed. There are 3 types of triangle pattern.

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