📈 *What is the Gradual Uptrend Pattern?*
It is a pattern that occurs when there is a *fixed resistance level*, while the lows are gradually increasing. This pattern indicates that buyers are gradually trying to push the price up, but they face strong resistance.
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🔍 *What does this pattern look like?*
Imagine the following chart:
```
Price
|
| ●
| ●
| ●
| ●
| ●
| ●
|________________
Time
```
- *●* represents *ascending lows*.
- The horizontal line represents the *fixed resistance level*.
As shown, each new low is higher than the previous low, indicating that buyers are gaining gradual strength.
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✅ *What does this pattern mean?*
- Indicates *increasing strength among buyers*.
- Often leads to *breaking resistance* and continuing the upward trend.
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🛠️ *How can this pattern be utilized?*
- *Enter a buy trade*: when resistance is firmly broken.
- *Set a stop loss*: below the last low formed.
- *Set targets*: based on the height of the pattern or using Fibonacci levels.