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singnals

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Muhammad Adnan cryptosystem
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What it is? The Three Rising Valleys is a bullish continuation pattern. This means it suggests that an existing uptrend is likely to continue after a temporary pause. How it Forms? The pattern develops during a strong uptrend and consists of three key parts, as numbered in the diagram: Three Pullbacks (Valleys): The market makes three consecutive downward swings or "valleys." Higher Lows: The most crucial feature is that the low point of each valley is higher than the low of the previous one (Valley 2 is higher than 1, and Valley 3 is higher than 2). This indicates that buyers are stepping in at increasingly higher prices, showing underlying strength. Breakout: The pattern is confirmed when the price breaks out and closes above the resistance level created by the peaks between the valleys. What it Signals The formation of three rising support levels (the valleys) followed by a breakout signals that the selling pressure has been absorbed and the original uptrend is resuming. Traders often enter a "long" (buy) position after this breakout, projecting a price target for the continued upward move. #howto #singnals
What it is?

The Three Rising Valleys is a bullish continuation pattern. This means it suggests that an existing uptrend is likely to continue after a temporary pause.

How it Forms?

The pattern develops during a strong uptrend and consists of three key parts, as numbered in the diagram:

Three Pullbacks (Valleys): The market makes three consecutive downward swings or "valleys."

Higher Lows: The most crucial feature is that the low point of each valley is higher than the low of the previous one (Valley 2 is higher than 1, and Valley 3 is higher than 2). This indicates that buyers are stepping in at increasingly higher prices, showing underlying strength.

Breakout: The pattern is confirmed when the price breaks out and closes above the resistance level created by the peaks between the valleys.

What it Signals
The formation of three rising support levels (the valleys) followed by a breakout signals that the selling pressure has been absorbed and the original uptrend is resuming. Traders often enter a "long" (buy) position after this breakout, projecting a price target for the continued upward move.
#howto #singnals
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Bullish
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