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how to trade the ascending triangle you have to wait for a breakout so you have to wait for the price to go outside the triangle and when this happens you place a long position in case we break to the upside or a short position in case we break to the downside what does it mean that the price breaks to the downside it means that it just goes out of the triangle by breaking this support line which is the ascending trend line in that case we short and if we break to the upside then we place a long position