Point and Figure Ascending Triangle Up

Ascending Triangle Up

 

An Ascending Triangle Up occurs when the high box of bar 0 is exactly two boxes higher than the high box of two bars ago, the high box of two bars ago equals the high box of four bars ago, the high box of four bars ago equals the high box of six bars ago, the low box of one bar ago is exactly two boxes higher than the low box of three bars ago, and the low box of three bars ago is exactly two boxes higher than the low box of five bars ago.


Reference: Kaufman, Perry J.. The New Commodity Trading Systems and Methods. New York, New York: John Wiley & Sons, 1987.