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A Rising Wedge has formed, Nikkei 225 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

Emerging Rising Wedge detected on Nikkei 225 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 38939.0 and it is expected to move to 39334.1862.

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