Home › Chart Patterns › Ascending Channel
7-day free trial
Ascending Channel
Bullish pattern with parallel ascending trendlines for support and resistance.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: Medium-High
- Timeframes: 1H, 4H, D
- Continuation Pattern · Bullish
How to Trade
- Draw parallel lines connecting lows and highs
- Entry 1: buy at channel support
- Entry 2: buy after pullback within the channel
- Stop Loss below the channel
- Take Profit at channel resistance or on breakout