Typically this is a trend continuation pattern in which we wait the breakout of resistance line(top line) to buy the market.
The ascending triangle by itself does not predict bullish impulse, however bullish a break and close above structure
is very good indicator to make a decision.
The ascending triangle by itself does not predict bullish impulse, however bullish a break and close above structure
is very good indicator to make a decision.
Note
Price breaking outTrade closed manually
Profits takenTrade closed manually
Stop Loss HitDisclaimer
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.
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.