Highlighted is the setup formation for an ascending triangle .
-Price broke out of pennant resistance line
-Ascending triangle pattern begun to form ; higher lows with increased attempt at breaking out of triangle resistance line.
-Price breaks out of triangle resistance and retraces flipping resistance to support .
-Long position triggered on break above new higher high with SL below the last low below the new support
-Price broke out of pennant resistance line
-Ascending triangle pattern begun to form ; higher lows with increased attempt at breaking out of triangle resistance line.
-Price breaks out of triangle resistance and retraces flipping resistance to support .
-Long position triggered on break above new higher high with SL below the last low below the new support
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