NZDJPY Ascending Triangle
Updated
After quite a drop we're now seeing a ascending triangle formed.
Since I find the 'textbook" ascending triangles not very clear (some say it is a continuation pattern, some say reversal)
To start learning more about this pattern I'm going to publish it here so I can find it back later on.
Give me some feedback about what you think this pattern would do after the movements we've seen.
Thanks for reading, would appreciate a like!
Since I find the 'textbook" ascending triangles not very clear (some say it is a continuation pattern, some say reversal)
To start learning more about this pattern I'm going to publish it here so I can find it back later on.
Give me some feedback about what you think this pattern would do after the movements we've seen.
Thanks for reading, would appreciate a like!
Note
This was a little bit expected after reading further, the triangle was ascending and seen multiple examples of this being a reversal pattern.Good example for the next time we're spotting this.
Not traded it, but learned again!
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