ASCENDING CHANNEL
Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs.
An Ascending Channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern.
An Ascending Channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern.
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