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The Bullish Continuation Consolidation Pattern

 

There will be a battle between the bears and bulls. And then when the bullish lines break through the resistance line, meaning that the market is now on the uptrend.

For those traders who enter the market just after the break through, they will profit from it as the price is now higher than then entry price. But for those traders who sell in the consolidation area will loss their positions.

 


Figure 15

 

 

 

 

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