Once you learn to observe its key characteristics closely, you will see that the ascending triangle differs significantly from other classic chart patterns like the pennant and flag patterns.

Stock chart patterns are like the secret codes of the trading world, helping traders make sense of the constant ups and downs ...

This pattern could signal either a continuation ... PEPE consolidates in a symmetrical triangle, interpreted as a bull flag, indicating that more upside movement is ahead. On the other hand ...

this is an ascending triangle pattern. If the flagpole peaks and then forms lower highs and higher lows, this may be a pennant pattern. While these are bullish patterns, they aren't bull flags.

Symmetrical triangle patterns show that the market is neutral on the stock. If you are looking at a stock chart and see a rectangular shape, you may be looking at a flag pattern. If you see a ...

Slip the triangle flags over the string and leave some space between each flag. Hang the folded crease over the string so the pattern is visible on both sides. You can play with the spacing ...