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Ascending Channel
(redirected from Ascending Channels)

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Ascending Channel
In technical analysis, a channel that trends upward. A price channel is the range between the support and resistance levels on a chart. In other words, an ascending channel is marked by higher highs and higher lows; this is a bullish signal that is likely to continue until the lows drop below the higher lows previously documented. See also: Descending Channel.


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