The ascending triangle has a flat resistance line and a rising support line: highs cluster near the same level while lows make higher lows. Bulls gradually take control during the consolidation as they wait for a breakout.
Bulls repeatedly test the same resistance while bears fail to push price lower each time. Higher lows show increasingly aggressive buying; eventually resistance breaks.
Enter on a high-volume breakout above the flat resistance (win rate 68%). Stop-loss below the last swing low inside the triangle. Target = triangle height added to breakout point.
Longer consolidation and more tests of resistance = more explosive breakout. Volume should contract during consolidation and expand on the breakout.