Hi,
In the Forexpedia under Ascending Triangle, the following texts describes an ascending triangle…and a pic to illustrate it…one of them seems to be incorrect? 
An ascending triangle demonstrated within a chart pattern is recognized as having a bullish position and occurs as a result of price highs and price lows that have begun to converge so that they, in effect, form a point. If a line is drawn above and below the pattern the top line will appear straight whilst the bottom will slope upwards at an angle.
