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Broadening wedge bottom

1. Introduction

Broadening Wedge Bottom is a bullish pattern that indicates the current downward trend may reverse and form a new upward trend.


2. Feature

2.1 The pattern has three bottoms and two tops.

2.2 The latest top is higher than the previous one, and the latest bottom is lower than the previous one.

2.3 The price has recently surpassed the previous two tops.

Market Insights

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