Chart pattern · Continuation · Bullish
What is it, in one line
A flat resistance line with a rising support line, compressing toward the top.
Bullish · Continuation · verdict: Traditional claim, not yet measured here
A flat resistance line with a rising support line, compressing toward the top.
Method
Conventional target: A break above resistance projects a rise equal to the triangle’s height at its widest point.
Invalidated by: A close back below the rising support invalidates the pattern.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.