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        Bullish continuation triangle

        1. Introduction

        Bullish Continuation Triangle is a pattern formed by two converging trend lines. This pattern means that the current upward trend is likely to continue.


        2. Feature

        2.1 The bullish continuation triangle occurs after the rise of stock price, followed by several violent fluctuations;

        2.2 The bullish continuation triangle is formed by two converging trend lines. The two trend lines converge into a triangle, and the upper trend line is nearly horizontal;

        2.3 If the price has recently broken upward through the resistance line formed by connecting the tops of the triangle, it is likely to continue rising.

        This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors.  It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.