Yeah triangle. Google descending triangle and celebrate your longs. IF this is a triangle it is not a long. If you want to go long you have to look for something else than a triangle here... can't have both.
@drecksgrieche, I see a Triangle (!) and I trade a triangle. Hope I don't need to explain you what a false break means. Don't limit yourself with such opinions like this: "if this is a triangle it is not a long". I don't know what do you see here... probably if you draw and post your setup it will be more clear for me. Good luck!
@FreshOilTrader, well, there are different kinds of triangles. Some are continuation setups, like pennants (trade on breakout of either side), and some are moving in the direction of the horizontal line they retested (ascending/descending triangle). By these basic rules, we do not treat all triangles equally/go long because of the fact we saw a triangle. So again, the triangle you drew, if seen as a triangle, is not meant to break upwards.