An ascending triangle within a long-term downtrend is a potential sign of bear control especially after a breakout on the downside.


Caution should be taken on the entry as a retest could happen on lower time frames before price resumes it’s initial course.

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 don’t blindly enter trades based on the analysis.