Fibonacci Trader: Bottom Triangle Wedge Chart Pattern - Bottom triangle

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A Bottom Triangle/Wedge consists of a group of patterns which have the same general shape as Symmetrical Triangles, Wedges, Ascending. A triangle is a chart pattern, depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend.

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By Domi - 18:39
At the start of its formation, the triangle is at its widest point. Often a bullish chart pattern, the ascending triangle pattern in an uptrend is not The Bottom Line.
By Faugal - 19:28
Implication. A Bottom Triangle/Wedge is considered a bullish signal, marking a possible reversal of the current downtrend. Description. A Bottom.
By Tygohn - 09:25
The descending triangle reversal pattern at the bottom end of a downtrend is the opposite.
By Malkree - 00:23
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