The pair (EURAUD) broke the resistance level on the ascending triangle. How do you spot the ascending triangle? Well, The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant.
How do you trade this symmetrical triangle? Easy, ascending triangles are generally considered bullish and are most reliable when found in an up-trend.
NB: This is for educational purpose
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How do you trade this symmetrical triangle? Easy, ascending triangles are generally considered bullish and are most reliable when found in an up-trend.
NB: This is for educational purpose
Please like and share