Ascending Triangle into Dynamic Resistanc- Breakout possibility
Ascending triangle Momentum increasing on stochastic , RSI and MACD MACD showing uptrend Divergence at beginning of ascending triangle signalling loss of downward trend momentum. Somewhat of a inverse head and shoulder pattern Currently no sign of divergence to signal a reversal of immediate uptrend Will need to breach both the 50 EMA, 200EMA and resistance level to breakout above