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patterntrader
Dec 5, 2016 2:54 PM

CADJPY follows the same broadening bottom Long

Canadian Dollar/Japanese YenFXCM

Description

A typical broadening bottom formation. A declining price trend, the latter developed into a brooding bottom pattern. This pattern looks more like a megaphone and respected trendlines formality. A breakout can:
* When the price closes above the formation´s high.
Let us monitor this pair and see how it responds.
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