TRADING GLOSSARY
Ascending triangle
An ascending triangle forms when price makes higher lows beneath a broadly horizontal resistance level, narrowing the trading range. It is often associated with an upward breakout, particularly during an uptrend, although price can break either boundary or produce a false breakout.
EXAMPLE
In a hypothetical market, repeated rallies stall near the same ceiling while each pullback ends higher, creating an ascending triangle.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure