| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
triangle
Definition 1.
A technical analysis term for a chart pattern in which a price range gets narrower over time, because of lower tops and higher bottoms. Some triangles come to a point in the middle of the two base points, but there are also ascending and descending triangles for which the tops decrease less than the bottoms increase, or vice-versa.
|
Definition 2.
A technical analysis pattern created by drawing trendlines along a price range that gets narrower over time because of lower tops and higher bottoms. Variations of a triangle include 'ascending' and 'descending' triangles. Triangles are very similar to wedges and pennants.
|
|
|