potential breakout on ascending triangle pattern in the 2HR chart.
Here it is showing higher lows, and contracting volume, typical of ascending triangles.
watch for a breakout past the resistance, if breakout occurs expect move to be equal to around the same amount of the widest wave of the pattern (indicated by the blue vertical) to the target of around 222
Here it is showing higher lows, and contracting volume, typical of ascending triangles.
watch for a breakout past the resistance, if breakout occurs expect move to be equal to around the same amount of the widest wave of the pattern (indicated by the blue vertical) to the target of around 222