The ascending triangle is one of the most common long positions continuation patterns, usually divided into four stages: convergence → momentum accumulation → pressure breakthrough → long positions trend continuation.

Its structural characteristics are very intuitive: there is a clear horizontal resistance line at the top, which the price has tested multiple times but has not been able to break through; the lower lows are continuously rising, indicating that buyers are no longer waiting for a deep retracement, but are actively supporting at higher levels, resulting in a gradual narrowing of the triangular range.

The essence of this pattern is the "asymmetry of long and short forces": the bears rely on fixed support levels for defense, but each defense weakens their position; the bulls, on the other hand, continuously force the bears to retreat by gradually raising the lows. As the range is compressed to a critical point, the probability and strength of a price breakout significantly increase.

After the theory is explained, there are two key points in the actual trading process:

First, the breakthrough confirmation should wait until the real K-line closes above the resistance line, preferably accompanied by an increase in trading volume to avoid false breakouts (it is impossible to avoid them completely, but we can avoid some obvious false breakouts).

Second, after the breakout, the trend often accelerates directly, providing little opportunity for pullback confirmation. Therefore, position strategy should be planned in advance, with part of the position following in at the breakout and part waiting for a pullback to add. The stop-loss position is usually set at the low point of the breakout candlestick or the lower edge of the triangle. If it falls back into the range, it indicates that the pattern has failed. (In other words, the stop-loss position should be planned in advance to limit losses, and it is essential to calculate it beforehand.)