In this example on the 
PRAX Daily Chart, you see a bullish double bottom fail to extend to new recent highs due to it being a part of a larger bearish pattern.
It demonstrates that the typical behavior of chart patterns can fail to produce their typical results if found within larger chart patterns.
PRAX Daily Chart, you see a bullish double bottom fail to extend to new recent highs due to it being a part of a larger bearish pattern.It demonstrates that the typical behavior of chart patterns can fail to produce their typical results if found within larger chart patterns.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.