triangle

Definition
A technical analysis term for a chart pattern in which a price range gets narrower over time, because of lower tops and higher bottoms. Some triangles come to a point in the middle of the two base points, but there are also ascending and descending triangles for which the tops decrease less than the bottoms increase, or vice-versa.




triangle is ...
... part of the
Technical Analysis subject.


Related Terms

double bottom -  More
triple bottom -  More
wedge -  More
ascending bottoms, ascending tops, descending tops, descending bottoms, double top breakout, ascending triangle, continuation pattern, expanding triangle, symmetrical triangle


triangle appears in the definitions of these other terms on BusinessDictionary.com

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