All language subtitles for 2. Ascending triangle chart pattern

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:04,920 --> 00:00:12,570 Hello, everyone, this is the ascending triangle, the ascending triangle needs at least two resistance 2 00:00:12,570 --> 00:00:19,740 lines in a horizontal sequence, which means at least two straight lines and needs to support level 3 00:00:19,740 --> 00:00:21,470 to the upside to be valid. 4 00:00:21,930 --> 00:00:24,270 Two steps on the trend line is mandatory. 5 00:00:24,570 --> 00:00:26,340 Anything above that is bonus. 6 00:00:26,340 --> 00:00:28,050 And furthermore, confirmation. 7 00:00:28,440 --> 00:00:35,100 This is the diagram which I've drawn for you, as you can see, straight resistance line and the support 8 00:00:35,100 --> 00:00:36,190 lines to the upside. 9 00:00:36,450 --> 00:00:39,420 This is the hypothetical example of ascending triangle. 10 00:00:39,750 --> 00:00:43,170 The Sunni Triangle can be found in uptrend or downtrend. 11 00:00:43,560 --> 00:00:49,680 Thus signaling triangle is bullish pattern only whenever you spot ascending triangle on the chart, 12 00:00:49,890 --> 00:00:53,510 it has a strong possibility of breaking through the upside. 13 00:00:54,120 --> 00:00:57,150 This is the ascending triangle which I've drawn for you below. 14 00:00:57,360 --> 00:01:00,580 The interpretation is that we should wait for prickled. 15 00:01:00,750 --> 00:01:03,930 Let's suppose the price is consolidating over here. 16 00:01:04,590 --> 00:01:08,790 We should wait for breakout to the upside when the breakout happens. 17 00:01:08,820 --> 00:01:10,340 This will be our buying point. 18 00:01:10,530 --> 00:01:13,650 This Diceman and our target for this pattern would be the same. 19 00:01:14,220 --> 00:01:15,390 We have to measure this. 20 00:01:16,290 --> 00:01:18,450 This is approximately forty two percent up. 21 00:01:19,020 --> 00:01:20,670 Our take profit would be here. 22 00:01:20,970 --> 00:01:22,110 Forty two percent up. 23 00:01:23,850 --> 00:01:25,440 This would be our take profit zone. 24 00:01:25,710 --> 00:01:31,410 So we should wait for the breakout and after that we should but not take profit would be here. 25 00:01:32,730 --> 00:01:36,390 Let's go to the chart and find some ascending triangles on the chart. 26 00:01:45,870 --> 00:01:50,920 As you can see over here, we have cleared straight resistance level over here, let's market. 27 00:01:51,540 --> 00:01:52,920 This is the resistance level. 28 00:01:52,980 --> 00:02:01,620 We need at least two steps which have been made perfectly and the support lines to the upside, which 29 00:02:01,620 --> 00:02:04,380 makes perfect ascending triangle, as you can see. 30 00:02:08,360 --> 00:02:10,450 This is the perfect ascending triangle. 31 00:02:11,780 --> 00:02:15,170 The kind of closed above this, which means this is our buying. 32 00:02:15,170 --> 00:02:16,520 So let's measure this. 33 00:02:18,200 --> 00:02:22,280 It's approximately eight percent the distance of this triangle. 34 00:02:22,700 --> 00:02:24,750 So eight percent would be r take profit. 35 00:02:24,770 --> 00:02:26,030 This will be a big profit. 36 00:02:26,960 --> 00:02:34,790 As you can see, the price was consolidating, broken, and it started, as you can see here, ascending 37 00:02:34,790 --> 00:02:36,760 triangle is a strong bullish pattern. 38 00:02:36,770 --> 00:02:38,460 So you guys should be aware of it. 39 00:02:38,720 --> 00:02:40,370 Let's find another example. 40 00:02:44,820 --> 00:02:47,910 As you can see or hear, straight resistance lines. 41 00:02:53,240 --> 00:03:05,600 And support line up, so let's measure the distance, approximately 17 percent, as you can see or hear, 42 00:03:05,960 --> 00:03:12,840 the triangle got broken and straight towards take profit to be it. 43 00:03:13,400 --> 00:03:15,270 So this was the ascending triangle. 44 00:03:15,290 --> 00:03:16,830 I hope you have understood. 45 00:03:17,120 --> 00:03:18,850 Let's move on to our next picture. 4136

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