What you need to know about ascending triangle and Imbalance Candle?

What you need to know about ascending triangle and Imbalance Candle?

✅An ascending triangle is a bullish formation that could be use to spot a reversal price action.

✅The Trend support is formed by a successive higher high.

✅A good entry set up is always on a breakout retest for confirmation to avoid fake out.

Imbalance Candle:

✅An imbalance candle is a price action that is overpowered by either seller or buyer. It creates a long gap between the previous and proceeding candles.

✅The price usually fill this zone to make it balance at any given time.

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