Below is a slider quiz to test your ability to identify ascending scallops. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.
1 / 7
This is a picture of two ascending scallop chart patterns. The first is at ABC, a rounded turn which ends higher on the right of the pattern. The ascending scallop
looks like the letter J. The second scallop is CDE. Ascending scallops breakout upward 80% of the time. The breakout occurs when price closes above the top of the pattern (Above the price of C and E
in this example).
2 / 7
Find as many ascending scallops as you can plus an ascending triangle. For help, click here.
3 / 7
The two scallops are at A and C with an ascending triangle (B) in the middle, in blue.
4 / 7
Find as many ascending scallops as you can.
5 / 7
Turn AB leaves the two tops too close together (in price) so I don't count it as an ascending scallop. BC is one, though, and so is DE.
6 / 7
Once more: Find as many ascending scallops as you can.
7 / 7
I show three more ascending scallops, AB, BC, and CD.