Prices form an ascending triangle In theory, this is a bullish continuation pattern. The pattern is not yet fully validated. Nevertheless, I've also noted the breakout of upward resistance at 0.8974 This is also a bullish continuation pattern.
For me, a bullish continuation is likely. That's why I bought the pair.
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.