Business, Legal & Accounting Glossary
A technical analysis term for a chart pattern in which a price range gets narrower over time, because of lower tops and higher bottoms. Some triangles come to a point in the middle of the two base points, but there are also ascending and descending triangles for which the tops decrease less than the bottoms increase, or vice-versa.
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This glossary post was last updated: 17th November, 2021 | 0 Views.