📝 What is Ascending & Descending Triangle in Trading?

📐🔺 What is Ascending & Descending Triangle in Trading? These are like signals 🛎️ from the market, giving hints about where the price may go next! 1️⃣ What is an Ascending Triangle? 🔼 Imagine you are filling water in a bucket 🪣. The water level keeps rising ⬆️, but the lid is tightly closed at the top! This is how the Ascending Triangle works in the stock market. In this pattern: ✅ The price makes higher and higher lows (bottom price keeps rising like stairs 🪜). ✅ The top price remains flat like a strong wall 🧱 — it can’t break through that resistance easily! So the price keeps knocking 🚪 on the upper wall again and again… until finally — Boom! 💥 Breakout! 📌 What does this mean? 👉 Most of the time, this pattern hints the price may go UP 📈 after breaking the top wall (resistance). 🌟 Example of Ascending Triangle: Imagine a balloon 🎈 stuck under a table. You keep blowing air, air, and more air... the balloon is pressing the table’s bottom harder and harder... finally, POP! — the balloon bursts out from the top. That’s how an Ascending Triangle breakout feels! 2️⃣ What is a Descending Triangle? 🔽 Now think about the opposite — a tired ball ⚽ rolling on stairs going down... In this pattern: ✅ The price makes lower and lower highs (like steps going down 🪜). ✅ The bottom price stays flat on the floor (support line) — but for how long? Slowly the buyers lose strength 😴, the price keeps falling down, and finally… Breakdown! 💥 📌 What does this mean? 👉 Most of the time, this pattern hints the price may go DOWN 📉 after breaking the bottom floor (support). 🌟 Example of Descending Triangle: Imagine a weak roof slowly collapsing in a house 🏚️... the cracks are showing... finally the roof falls! That’s how a Descending Triangle breakdown happens. ✨ Easy Tips to Remember ✔️ Ascending Triangle = Like filling air in balloon 🎈 — most likely UPWARD breakout 📈 ✔️ Descending Triangle = Like a roof breaking down 🏚️ — most likely DOWNWARD breakout 📉 💡 When to Use These Triangles? 👉 When you see these patterns on stock charts 📊 (don’t worry, no charts here!) 👉 When the price touches lines at least 2-3 times — stronger signals! 👉 When the volume 🔊 supports the breakout/breakdown ❗ Important to Know: ⚠️ Triangles are hints — not guarantees! Sometimes market tricks you (false breakout/fake move 😜) — so be careful! Always wait for confirmation candle 🕯️ and use stop-loss 🚫 to protect your money! 🛡️ Disclaimer: ⚠️ Disclaimer: The content provided here is for educational and informational purposes only. It should not be considered as investment advice, stock tips, or financial recommendations. Always do your own research or consult a SEBI-registered investment advisor before making any trading decisions.