Aksel Kibar, CMT(@TechCharts):#ascendingtriangle is a bullish chart pattern. It can form as a continuation as well as a bottom reversal. It's upward sloping lower boundary gives the pattern the bullish bias. Patterns are repetitive irrespective of time, geography, exchange or instrument. This ascending triangle is from 1986. Peter Brand's identification of a bottom reversal. From his book Trading Commodity Futures with Classical Chart Patters.

Aksel Kibar, CMT

@TechCharts

Chartered Market Technician (CMT) and Classical chart trader. Ex-Fund manager. 📈 ➡️ 📺 ➡️

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Aksel Kibar, CMT@TechCharts

2026.08.01 18:24

#ascendingtriangle# is a bullish chart pattern. It can form as a continuation as well as a bottom reversal. It's upward sloping lower boundary gives the pattern the bullish bias. Patterns are repetitive irrespective of time, geography, exchange or instrument. This ascending triangle is from 1986. Peter Brand's identification of a bottom reversal. From his book Trading Commodity Futures with Classical Chart Patters.