## What are the strategies when narrowing the research topic?

Narrowing Down Research Topic: Ultimate Guide With ExamplesChoose a general topic area. Give specific description of the topic area. Mention an aspect of the specific topic: Note down extra specifics about the topic. Turn the topic into a sentence or statement.

## Is an ascending triangle bullish?

The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows.

## How do you trade a ascending triangle pattern?

Key TakeawaysThe trendlines of a triangle need to run along at least two swing highs and two swing lows.Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle.

## What does a triangle mean in stocks?

What Is a Triangle? A triangle is a chart pattern, depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns.

## How do you trade triangles?

Trading with Triangle Patterns: Key things to rememberAlways be cognisant of the direction of the trend prior to the consolidation period.Make use of upper and lower trendlines to help identify which triangle pattern is being formed.Use the measuring technique discussed above to forecast appropriate target levels.

## What does symmetrical triangle mean?

A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.

## What is bullish symmetrical triangle?

A bullish symmetrical triangle is a bullish continuation chart pattern. The pattern is formed by two converging trend lines that are symmetrical in relation to the horizontal line. For the symmetrical triangle to be called “bullish”, the movement preceding the triangle’s formation must be bullish.

## What is a bottom triangle?

Description. A Bottom Triangle is made up of a collection of layouts which have the equivalent common profile as Symmetrical Triangles, Wedges, Ascending Triangles and Descending Triangles. The distinction is that the structures arranged together as this kind are reversal and not extension patterns.

## Is a Rising Wedge bullish or bearish?

The forex rising wedge (also known as the ascending wedge) pattern is a powerful consolidation price pattern formed when price is bound between two rising trend lines. It is considered a bearish chart formation which can indicate both reversal and continuation patterns – depending on location and trend bias.

## Can a rising wedge be bullish?

The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias.

## What does a rising wedge indicate?

A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex.

## What happens after a rising wedge?

A rising wedge formed after an uptrend usually leads to a REVERSAL (downtrend) while a rising wedge formed during a downtrend typically results in a CONTINUATION (downtrend). Simply put, a rising wedge leads to a downtrend, which means that it’s a bearish chart pattern!

## What does a falling wedge mean in trading?

The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam.

## How do you trade a falling wedge?

Traders can look to the starting point of the descending wedge pattern and measure the vertical distance between support and resistance. Then, superimpose that same distance ahead of the current price but only once there has been a breakout. The top end of the line will be the target.

Trading Descending Broadening Wedges After the trendlines are formed, as soon as price touches the upper trendline go short. Cover this short (exit the trade) when price reaches the lower trendline. As price touches the lower trendline go long (buy). Place your stop below the lower trendline.

## What is descending triangle in technical analysis?

A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.

## What is the best stock chart pattern?

11 most important chart patternsAscending triangle. The ascending triangle is a bullish ‘continuation’ pattern that signifies a breakout is likely where the triangle lines converge. Descending triangle. Symmetrical triangle. Pennant. Flag. Wedge. Double bottom. Double top.

## Is a head and shoulders pattern bullish?

A true head & shoulders pattern doesn’t occur very often, but when it does, many technical traders believe it’s an indicator that a major trend reversal has occurred. A standard Head & Shoulders pattern is considered to be a bearish setup and an “inverse” head & shoulders pattern is considered to be a bullish setup.

## What is wedge?

The wedge is a high lofted club that is typically used as a part of the short game, inside 125 yards, and includes the pitching wedge, gap wedge, sand wedge and lob wedge. Golfers have a variety of different wedges to choose from, and each wedge has a different advantage depending on the shot required.

## What is wedge example?

The Wedge. Some examples of wedges that are used for separating might be a shovel, a knife, an axe, a pick axe, a saw, a needle, scissors, or an ice pick. But wedges can also hold things together as in the case of a staple, push pins, tack, nail, doorstop, or a shim.