This type of triangle chart pattern occurs when there is a and a slope of higher lows.
What happens during this time is that there is a certain level that the buyers cannot seem to exceed. However, they are gradually starting to push the price up as evident by the higher lows.
Buying signal for us is a breakout of resistance and market should close above structure.
✅Your personal trading coach. Contact me for one-on-one online trading sessions.
✅ Broker that I trade with and trust: