All patterns
Nova-92 › XAUUSD (Gold (PAXG) / US Dollar) · 15m
Ascending Triangle
FormingBullish
Quality81%
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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, 03:00 PM | Oct 30, 03:00 PM | 0 | 3,934.27 |
| L2 | Oct 30, 07:45 PM | Oct 30, 07:45 PM | 19 | 3,890.00 |
| H3 | Nov 2, 01:30 AM | Nov 2, 01:30 AM | 34 | 3,927.73 |
| L4 | Nov 2, 04:30 AM | Nov 2, 04:30 AM | 46 | 3,900.86 |
| H5 | Nov 2, 05:30 AM | Nov 2, 05:30 AM | 50 | 3,929.16 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceOct 30, 03:00 PM · 3,933.64 → Nov 2, 11:00 AM · 3,925.27
- SupportOct 30, 03:00 PM · 3,882.36 → Nov 2, 11:00 AM · 3,911.32
This pattern's track record
On the 15m chart
48%
Target reached after breakout
- Breakout rate
- 64%
- Reached half the target
- 64%
- Average time to target
- 6.8 h
- Cases
- 187 resolved cases
All timeframes
51%
Target reached after breakout
- Breakout rate
- 64%
- Reached half the target
- 65%
- Average time to target
- 19 days
- Cases
- 608 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.