possible triangle wave measured to "minimum" target at .95
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also, breaking out of symmetrical triangle
Ascending triangles indicate a bullish continuation pattern, suggesting that the upward trend is likely to resume. Descending triangles, on the other hand, indicate a bearish breakdown pattern, suggesting that the downward trend is likely to continue.
Symmetrical triangles can break in either direction but tend to continue the previous trend. Traders should look for volume spikes and confirm the break with at least two closes beyond the trendline to validate a potential trade opportunity.