AUDHKD Forex Tickeron detected bullish FOREX Pattern: Broadening Wedge Descending on November 15, 2024

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Broadening Wedge Descending

AUDHKD - Australian Dollar - Hong Kong Dollar

Emerged: 11/15/24

Breakout: $5.19

Price: $5.02

Target price: $5.22

A.I.dvisor detected a bullish Broadening Wedge Descending pattern for AUDHKD stock. This pattern was detected on November 15, 2024 . The odds of reaching the target price are 6. The Broadening Wedge Descending pattern forms when the price of a security makes lower lows (1, 3, 5) and lower highs (2, 4), forming a downtrend. Consider buying a security or call option at the upward breakout price level.

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