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I am observing a potential ascending triangle forming on the H4 chart. Has anyone else noticed this pattern? If confirmed, a breakout above the upper trendline around 2050 could lead to a significant bullish move. I'm curious to hear other traders' perspectives on this.
Update: The price is currently testing the upper trendline of the ascending triangle. A successful breakout and close above 2050 would be a strong buy signal. I will be monitoring the price action closely during the US session.