All patterns
Nova-49 › AVAXUSD (Avalanche / US Dollar) · 1h
Ascending Triangle
Breakout confirmedBullish
Quality100%
Drag to rotate, scroll to zoom.
Draw it on TradingView
No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.
- 1.Copy the script and open the chart on TradingView.
- 2.Open the Pine Editor at the bottom, clear it and paste.
- 3.Click "Add to chart"; the drawings appear.
Swing points
| Point | Candle open (UTC) | UTC | Bar # | Price |
|---|---|---|---|---|
| H1 | Oct 30, 06:00 AM | Oct 30, 06:00 AM | 0 | 8.69 |
| L2 | Oct 30, 12:00 PM | Oct 30, 12:00 PM | 6 | 8.15 |
| H3 | Oct 31, 01:00 AM | Oct 31, 01:00 AM | 19 | 8.66 |
| L4 | Oct 31, 09:00 AM | Oct 31, 09:00 AM | 27 | 8.41 |
| H5 | Oct 31, 07:00 PM | Oct 31, 07:00 PM | 37 | 8.64 |
| BRK | Nov 1, 03:00 AM | Nov 1, 03:00 AM | 8.62 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceOct 30, 06:00 AM · 8.69 → Nov 1, 02:00 AM · 8.63
- SupportOct 30, 06:00 AM · 8.08 → Nov 1, 02:00 AM · 8.62
This pattern's track record
On the 1h chart
51%
Target reached after breakout
- Breakout rate
- 57%
- Reached half the target
- 68%
- Average time to target
- 4 days
- Cases
- 144 resolved cases
All timeframes
51%
Target reached after breakout
- Breakout rate
- 64%
- Reached half the target
- 66%
- Average time to target
- 19 days
- Cases
- 606 resolved cases
What is this pattern?
Highs stay level while lows rise. A close above resistance targets the triangle's starting height higher.
A close below the last low invalidates the pattern.
This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.