Lesson 4 – triangles

Chart School · Lesson~50s

Triangles — the squeeze before the move

Ascending triangle → typical breakout up

A triangle forms when price swings tighten between two converging trendlines — buyers and sellers reach a stalemate. Ascending (flat top, rising lows) usually breaks up; descending (flat bottom, falling highs) usually breaks down; symmetrical breaks in the direction of the prior trend.

Takeaway · Tight consolidation stores energy. Wait for the break, then follow.

Price makes lower highs but keeps holding the same support line. This is a…

Educational only — not financial advice.

**Disclaimer**:The information provided in this article is for educational purposes only and does not constitute professional financial advice. Always consult with a licensed financial advisor before making any investment decisions.

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