Ascending channel is a chart pattern, which is formed by a trending price with its trading range confined between parallel support and resistance lines going up. A valid ascending channel forms as a corrective movement inside a bigger downtrend. Ascending channels are trend continuation patterns with a downward breakout offering a viable trading opportunity. The posts below provide some real-life examples of trades based on ascending channel patterns.
2018
2017
2016
2015
- USD/CHF in Month-Long Ascending Channel
- Another Pattern on USD/JPY — Ascending Channel
- GBP/JPY in Ascending Channel — Recipe for Downtrend
- Ascending Channel on Short Term (H4) NZD/JPY
- EUR/AUD Shows Long-Term Ascending Channel
- Ascending Channel on EUR/JPY D1 Chart — Reversal Pending?
- What Can We Learn from USD/JPY Upward Channel?
2014
- CAD/CHF Daily Channel Spans for 7 Months
- Ascending Channel on Weekly AUD/NZD Chart
- GBP/CHF in Upward Channel
2013
- NZD/JPY Shows Ascending Channel with Unclear Consequences
- Curious Ascending Channel on CHF/JPY
- EUR/AUD — A Really Long Ascending Channel on Daily Chart
- Classic Ascending Channel on Daily Cable Chart
- Ascending Channel on Daily USD/CAD Chart