Ascending Triangle

١٩ مايو ٢٠٢٤

Price has formed an ascending triangle on the 45 min chart. A breakout attempt was made but turned out to be fake, so price jumped right back into the triangle below the resistances. A breakout above this resistance and a successful retest can take us to 70k-71k. The idea will be invalid if support is broken and price closes below the support line.