EURCAD Contracting Triangle inside the Ascending Channel

Observation:
- Price Action reach the dynamic resistance of a contracting triangle
- Consolidation process followed by a break up

Analysis:
Breaking triangle contraction, price action will either hit dynamic support (if go for short) or hit dynamic resistance (if go for long)

Kommentera:

we wait until price breaks triangle contraction, then place order for higher prediction rate.

Kommentera:

Just break the channel,

I need to construct another higher slop this time for a new channel

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