Bullish Channel
A bullish channel is a technical chart pattern characterized by two parallel upward-sloping trendlines. One trendline connects the swing lows (price dips), while the other connects the swing highs (price peaks).It signifies an upward trend with some volatility, where the price generally stays within the defined boundaries. The channel confirms an ongoing upward trend, suggesting continued buying pressure.
Bullish Channel, more examples
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