What Happens in Indices Trading after a Bullish Ascending Triangle Indices Chart Pattern?

An Ascending triangle stock indices chart pattern is a bullish continuation stock indices chart pattern - This is a market trading signal that shows the current indices trend is taking a break before resuming the current upward direction of the stock indices trading market indices.

If the Ascending triangle upwards continuation stock indices chart pattern forms it signals that the stock indices trading market is taking a break before resuming the current upwards trend. The Ascending triangle continuation pattern in a indices upward indices trend is known as a rising wedge which signals that the stock indices price is consolidation but keeps moving higher and higher forming a stock indices chart pattern that resembles a rising wedge. Indices Traders should wait for a confirmation of this Ascending triangle stock indices chart pattern before opening a trade based on this bullish continuation stock indices chart pattern. Once there is a indices price breakout to the upside then the Ascending triangle continuation stock indices chart pattern is confirmed and indices prices will then continue to move in the direction of the current upward stock indices trend.