All patterns
Atlas-59 › GBPUSD (British Pound / US Dollar) · 1h
Ascending Triangle
FormingBullish
Quality61%
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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, 04:00 PM | Oct 30, 04:00 PM | 0 | 1.34063 |
| L2 | Oct 31, 02:00 AM | Oct 31, 02:00 AM | 10 | 1.33583 |
| H3 | Oct 31, 02:00 PM | Oct 31, 02:00 PM | 22 | 1.34011 |
| L4 | Oct 31, 04:00 PM | Oct 31, 04:00 PM | 24 | 1.33642 |
| H5 | Nov 1, 02:00 AM | Nov 1, 02:00 AM | 34 | 1.34098 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceOct 30, 04:00 PM · 1.34046 → Nov 1, 12:00 PM · 1.34073
- SupportOct 30, 04:00 PM · 1.33541 → Nov 1, 12:00 PM · 1.33726
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.