Ascending Triangle Setup
2024-11-10

Highlighted is the setup formation for an ascending triangle . 

-Price broke out of pennant resistance line
-Ascending triangle pattern begun to form ; higher lows with increased attempt at breaking out of triangle resistance line. 
-Price breaks out of triangle resistance and retraces flipping resistance to support . 
-Long position triggered on break above new higher high with SL below the last low below the new support