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Basic bullish triangle shows that Alibaba can be trading in the middle of subwave D of a larger bullish ABCDE triangle pattern within higher degree wave B before a breakout higher for wave C.
A continuation pattern is an indication that a price trend in the financial markets will continue even after the pattern completes.
XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum.
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