• Both pattern signifies bullish interest
  • But price at resistance of ascending triangle and rising channel also horizontal minor key level; therefore 3 confluence resistance zone
  • I won’t buy the high of the breakout bar
  • There are two strategy to trade the EURCAD 4HR
  • STRATEGY 1: Wait for a retest of dynamic trendline now acting as new dynamic support level before long
  • STRATEGY 2: Wait for ascending triangle breakout and retest of the ascending key level price 1.56345 if it act as as new support before go long

Watch the video analysis below for more information.

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