- CFA Exams
- CFA Level I Exam
- Study Session 19. Portfolio Management (2)
- Reading 56. Technical Analysis
- Subject 4. Chart Patterns
CFA Practice Question
Typically in an ascending triangle, the ______ prices form a horizontal trendline and the ______ prices form a series of higher and higher lows.
A. low; high
B. high; low
C. low; low
Explanation: Found within an uptrend, the ascending triangle forms as a consolidation period within the uptrend and indicates upside continuation will follow.
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