All patterns
Quasar-29 › TSLA (Tesla, Inc.) · 1h
Ascending Triangle
Breakout confirmedBullish
Quality74%
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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 | Sep 23, 01:30 PM | Sep 23, 01:30 PM | 0 | 386.70 |
| L2 | Sep 30, 01:30 PM | Sep 30, 01:30 PM | 35 | 345.88 |
| H3 | Oct 6, 01:30 PM | Oct 6, 01:30 PM | 63 | 383.33 |
| L4 | Oct 8, 04:30 PM | Oct 8, 04:30 PM | 80 | 368.03 |
| H5 | Oct 9, 01:30 PM | Oct 9, 01:30 PM | 84 | 388.56 |
| BRK | Oct 21, 02:30 PM | Oct 21, 02:30 PM | 386.63 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceSep 23, 01:30 PM · 385.97 → Oct 15, 06:30 PM · 386.52
- SupportSep 23, 01:30 PM · 328.65 → Oct 15, 06:30 PM · 386.24
This pattern's track record
On the 1h chart
51%
Target reached after breakout
- Breakout rate
- 58%
- Reached half the target
- 67%
- Average time to target
- 4 days
- Cases
- 143 resolved cases
All timeframes
51%
Target reached after breakout
- Breakout rate
- 64%
- Reached half the target
- 65%
- Average time to target
- 19.2 days
- Cases
- 602 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.