Ascending Triangle Pattern (XAU/USD)

From the 1HR and 5 min perspective👀

I see this common market structure pattern that can cause a major swing in price depending on the breakout direction.

Me personally, I can see price breaking the Trendline below rather than the 3x tested resistance at the top.🗻

Nevertheless, Trading is reactive not predictive so I will be positioning myself wisely to catch either trend📐.

What other major market patterns do you know?

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