would you buy or sell
five seconds for you to decide
let's analyze this one together first we try to draw our trend lines
we can notice the formation of a triangle here
this pattern usually reflects a period of consolidation
and showing potential for a breakout
we can notice that the price has just crossed above the trend line which is defining our triangle
indicating that buyers have suddenly gained control over sellers
we can see the price marking the first higher high and higher low reflecting a positive bullish market momentum
now we proceed to place our buy order
preferably a few pips above the current price for additional confirmation and the bottom of the triangle will be used as the stop loss
and that was a successful trade
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