Here’s the deal:
I’m not a chart pattern trader.
However…
The Ascending Triangle chart pattern is one of the few patterns I trade.
Why?
Because when other traders get stopped out, they help “push” the market further in your favor.
In short, you EXPLOIT the stop-loss orders of losing traders — and that’s why it works.
And because this is so powerful, I’ve created a new trading video on Ascending Triangle chart pattern.
You’ll learn:
•What is an Ascending Triangle chart pattern and why does it work
•You should always go short when the price is at Resistance, right? Wrong! I’ll explain why…
•How to better time your entries & exits when trading the Ascending Triangle
•When is the best time to trade Ascending Triangle (and why)
•How to find high probability breakout trades with the Ascending Triangle chart pattern
You ready to learn this powerful chart pattern?
Then go watch this video right now.
If you want more actionable trading tips and strategies, go to https://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: http://bit.ly/2EFg5VN

By Stock Chat

where the coffee is hot and so is the chat

24 thoughts on “Ascending triangle chart pattern trading strategy”
  1. Avataaar/Circle Created with python_avatars Mordy francis says:

    There is definitely not enough comments here for the quality of this explanation, THANK YOU!!

  2. Avataaar/Circle Created with python_avatars X says:

    Thanks a lot ❤

  3. Avataaar/Circle Created with python_avatars Markollins TV says:

    This is amazing

  4. Avataaar/Circle Created with python_avatars The Ebubechukwu says:

    please you talked about use trading books, could you recommend nice trading books i could use to enhance my knowledge

  5. Avataaar/Circle Created with python_avatars Tuomas says:

    Hi sir. Thank you for telling this so well!

  6. Avataaar/Circle Created with python_avatars kishor kumar says:

    How to find this types of chart pattern ..?

  7. Avataaar/Circle Created with python_avatars Anosh Munshi says:

    GOOD KNOWLEDGABLE INSIGHT . THANKS

  8. Avataaar/Circle Created with python_avatars Indigenous Pathways says:

    Terrific deep dive into this pattern. Thank you so very much for sharing your best practices. I'm putting it into my play book!

  9. Avataaar/Circle Created with python_avatars Julio V says:

    i learn from your content. just alot of mistakes rookies make are in this video.

  10. Avataaar/Circle Created with python_avatars Julio V says:

    dude the stop loss is toooo big. entry needs to be better an you wont hav to risk so much. risk too much

  11. Avataaar/Circle Created with python_avatars Jocelyn Beatrice Nanfuka says:

    Thank you Rayner. Very insightful

  12. Avataaar/Circle Created with python_avatars LightZabur says:

    let's shot the market

  13. Avataaar/Circle Created with python_avatars Mudit Dixit says:

    Notes: Trade when resistance is broken SL is height of triangle Combine candlesticks short trade 20 DMA, Medium term 50dma; Target same as height of triangle use Moving averages to exit trade.

  14. Avataaar/Circle Created with python_avatars clement sarpong says:

    Where is the link of your book

  15. Avataaar/Circle Created with python_avatars Sam says:

    What if a descending triangle form in an uptrend

  16. Avataaar/Circle Created with python_avatars Daniel Paduret says:

    Bless you my friend

  17. Avataaar/Circle Created with python_avatars EJ Ali says:

    Nice nice

  18. Avataaar/Circle Created with python_avatars jay grieco says:

    I like the simplicity with which you explain these patterns and strategies. Very helpful. On another note… you need to get shirts made…
    “LET YOUR WIENERS RUN!”
    I love it!

  19. Avataaar/Circle Created with python_avatars Funday says:

    Great one suggestion please don't erase pen work while proceeding

  20. Avataaar/Circle Created with python_avatars Shanu says:

    Very good learnings as always thanks Brother..🙏💓😄

  21. Avataaar/Circle Created with python_avatars Enrique Padron says:

    too lazy to loom for this comment so, small wieners.

  22. Avataaar/Circle Created with python_avatars nfekeskxnxngntnrkdkcn says:

    Shorting stocks scare me, ascending triangles seem safer to me since it's money you already have

  23. Avataaar/Circle Created with python_avatars ryan wiggins says:

    Dude why wouldnt you do ascending triangles first then descending second. You got me mixing my notes all up.

  24. Avataaar/Circle Created with python_avatars teaspoon says:

    cant thank you enough, because of you im starting to understand things i never thought i will even think about.
    sadly i can hit the like button only once

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