CADJPY - Ascending Triangle

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Ascending Triangle is a pattern that signifies the continuation of the trend, when the trend is up. But if it occurs in a trend that is started by a downtrend, this pattern should signal a reversal. We will see!!
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Price didin't break the resistance. It broke the trendline channel. Now it's forming another Ascending Triangle Pattern.
Beyond Technical AnalysisCADCADJPYcadjpylongChart PatternsjpyTrend Analysis

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