Ascending Trend Line

From The Free Forex Encyclopedia

Jump to: navigation, search
Definition:
A bullish pattern created by connecting two or more lows, with each successive low higher than the previous low. This creates an upward sloping trend line.




Image:Ascending-trendline.png


Related Articles:

EUR/USD: Eyeing Support on the Rising Trend Line

EUR/USD: Long at the Trend Line Bounce

GBP/USD: Will the Rising Trend Line Hold?

"Rule number one is, don't sweat the small stuff. Rule number two is, it's all small stuff."
Robert Eliot
Clicky Web Analytics