This is just a short term idea.
Although ascending triangle usually forms in bullish trends as price consolidation, sometimes they appear as reversal pattern. This might be an example of reversal ascending triangle in a short-time period.
Although ascending triangle usually forms in bullish trends as price consolidation, sometimes they appear as reversal pattern. This might be an example of reversal ascending triangle in a short-time period.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.