broadeningbottoms

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patterntrader patterntrader CADJPY, D, Long ,
CADJPY: CADJPY follows the same broadening bottom
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CADJPY, D Long
CADJPY follows the same broadening bottom

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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