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Triangles

Chart patterns · Intermediate → Advanced · 7 min read
You will learn to
  • Ascending, descending, symmetrical
  • Breakout rules and the apex
  • What the samples say

Three kinds

flat toprising lows
  • Ascending: flat top, rising lows — buyers keep paying more; usually resolves up.
  • Descending: flat bottom, falling highs — usually resolves down.
  • Symmetrical: both lines slope inward — the direction comes from the break.

Breakouts

Confirmation is a close outside the triangle (NexusCore requires 0.2 ATR beyond the line). Breaks very close to the apex, where the lines meet, are less reliable — the pattern has run out of room. The tested stop is 1.2 ATR from the entry, because a triangle's "extreme" is far away by then.

✓ What our backtest found
4H, unseen 2024–26: ascending +0.85R (27 trades), descending +0.66R (23), symmetrical +0.41R (29). Encouraging, but each sample is small — only the combined pattern result (+0.24R over 687) is statistically solid.
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Check yourself

1. An ascending triangle has…
  1. A flat top and rising lows ✓
  2. A flat bottom and falling highs
  3. Two parallel lines
Rising lows against a flat ceiling.
2. Why is the tested stop for triangles 1.2 ATR rather than beyond the pattern?
  1. Tradition
  2. The far end of a triangle is often very far from the breakout ✓
  3. Fees
A stop beyond the whole triangle would make the risk huge.

Terms in this lesson

Apex
Where a triangle's lines meet.
Triangle
Converging boundaries: ascending, descending or symmetrical.
Practise it on real charts. In the app, this lesson comes with real examples (reveal what happened next), a graded drill and the track test. Open the Academy in NexusCore — free →