The ascending triangle formation is a trend continuation formation frequently used in technical analysis. This formation generally indicates that an upward trend will continue.

The formation refers to a chart where the top prices decline from a horizontal band and the bottom points show an upward trend. In an ascending triangle formation, prices test the resistance level several times, and the more times this resistance is tested, the weaker it becomes.

However, the support level gets stronger as it constantly finds support from higher up. This increases the strength of the formation and may be a sign that the rising trend will continue.

The Bear Flag Formation is a formation frequently seen in downtrends in technical analysis. This formation occurs in a trend where prices are falling rapidly and is considered a signal for investors that the trend is changing and the declines may deepen further.

The Bear Flag Formation consists of two parts: the flagpole and the flag. The flagpole is the sharp downtrend seen in previous price movements and is the most prominent part of the formation.