Ascending Triangle Breakouts by Ken Calhoun
This month in our Trading On Momentum column, this professional trader introduces you to the ascending triangle pattern that you can use to help spot buying pressure as it builds.
Finding potential breakouts before they happen is a helpful visual scanning skill to develop. You can use ascending triangles to help you identify these new trading opportunities, because they reveal increasing buying pressure just in time to help you enter your position. You will see how to trade this useful bullish breakout trading pattern in this month’s column ...