Ascending Triangle-going long

my first of what I hope to be many shared ideas.
looking at the pair over 4 hour candles one can clearly see an ascending triangle(which could definitely breakout in any direction). The pair has been trending up with higher lows and higher highs, there seems to be a fairly strong resistance at around 1.17235, if this resistance is broken there is a good chance that the pair could go up to 1.18.