In the following graph we can appreciate an ascending triangle, which is a continuation pattern. The trend at the point A, is an upward trend, and by the time the price breaks the resistance line on point D we can see how the trend keeps going upward. The recommendation in this pattern is a bullish one, setting the limit on the size of the base (depicted with the green arrow)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.