Triangles (Ascending / Descending / Symmetrical)

Converging swings — a flat wall on one side, pressure building on the other, until one gives way.

An ascending triangle: sellers defend a flat ceiling, but each dip is bought HIGHER — rising lows show buyers getting more aggressive. When the ceiling breaks, everyone defending it is trapped. Usually resolves upward.

A descending triangle is the bearish mirror: a flat floor with sellers pressing lower highs into it.

A symmetrical triangle converges from both sides — lower highs meeting higher lows. It is direction-neutral while forming; whichever trendline breaks first decides.

Trade the BREAK, not the shape — a forming triangle is just a narrowing range.

Breakouts near the triangle’s apex (fully squeezed) are weaker than ones from two-thirds in.

Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.