Perfect setup for an asending triangle - FXPRECISIONTRADING
I'm observing a promising ascending triangle pattern for the foreseeable future. As evident, it has encountered resistance on three occasions, indicating a potential breakout. However, before the breakout occurs, a correction is anticipated. The pattern provides insights into our projected targets.
Note
However, should it breach the trendline, we may anticipate additional correction.
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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.