Traders may consider this pattern as a potential opportunity for long positions if confirmed by increased volume and a break above resistance. This pattern historically suggests that sellers are losing momentum, possibly leading to a reversal or continuation of the uptrend. Monitoring key resistance levels and trading volume is crucial for traders looking to capitalize […]
Traders may consider this pattern as a potential opportunity for long positions if confirmed by increased volume and a break above resistance. This pattern historically suggests that sellers are losing momentum, possibly leading to a reversal or continuation of the uptrend. Monitoring key resistance levels and trading volume is crucial for traders looking to capitalize […]
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