Reblog: Ascending Triangle Chart Pattern (Trading Strategy)


Here’s the deal:

I’m not a chart pattern trader.

However…

The Ascending Triangle chart pattern is one of the few patterns I trade.

Why?

Because when other traders get stopped out, they help “push” the market further in your favor.

In short, you EXPLOIT the stop-loss orders of losing traders — and that’s why it works.

And because this is so powerful, I’ve created a new trading video on Ascending Triangle chart pattern.

You’ll learn:

  • What is an Ascending Triangle chart pattern and why does it work
  • You should always go short when the price is at Resistance, right? Wrong! I’ll explain why…
  • How to better time your entries & exits when trading the Ascending Triangle
  • When is the best time to trade Ascending Triangle (and why)
  • How to find high probability breakout trades with the Ascending Triangle chart pattern

You ready to learn this powerful chart pattern?

Then go watch this video below now…

Now, here’s a question for you…

How do you trade the Ascending Triangle chart pattern?

The original post by Rayner Teo appears on tradingwithrayner.com and is available here.

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