GBPCAD Daily - Ascending Triangle

Here on the GBPCAD we have what is called an ascending triangle pattern. This is a pattern where price action has continued to make equal highs on the top side, yet higher lows on the downside signifying a break that is more likely to occur in the bullish direction.

Akil

For the video version of this setup, you can watch the youtube video titled "The Importance of Adjusting Your Analysis" towards the very end.

Youtube link in the signature below.