Ascending Triangle

Launch Chart
KUNAL KAMBLE
VRTX
·
Feb 16 2024
snapshot
The Security has formed an Ascending Triangle pattern on a 30min time frame. For a proper breakout, the Security has to close above the resistance line.
Security closing above the resistance line would indicate a breakout Upside.
Breakouts can be on either side.
The prices are trading near the EMA, for the breakout the security has to close above the resistance and the EMA, and vice versa for the downside.
Advice: Trade as Per Breakout