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Conventionally an ascending triangle breaks outΒ on the upside. However, one that occurs within a downtrend should be approached with caution.
SUMMARY.
Patiently wait and follow the price in the direction of the breakout.
Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and donβt blindly enter trades based on the analysis.
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