I noticed this ascending triangle and thought it would be a great opportunity for an easy 25 pips or so. I believe the market will break out above the resistance line and ascend toward the previous structure high that falls around the 1.618 extension of the first leg of the triangle. i have place my buy in just above the resistance level, my limit at the 1.618 extension and my stop at previous structure low because if it breaks the previous structure low, the pattern is a bust. Please Like comment and follow. Good Trading !
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