Flat resistance on top with a series of rising lows underneath. Buyers keep stepping in higher until the ceiling gives way.
How to identify it
- Horizontal resistance tested at least twice
- Each pullback makes a higher low
- Range tightens toward the apex
Entry
Buy a close above resistance or the retest of it.
Stop loss
Below the most recent higher low.
Target
Triangle height projected above resistance.
Invalidation
Price breaks the rising trendline.
Does it work for you?
Textbook reliability means little until you know your own numbers. Tag your ascending triangle trades in TradeZento and it shows your win rate, average win and loss, and P&L per trade for this pattern, so you know whether to keep it in your playbook.