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NXT Closer to Breakout Confirmation
NXT eventually broke through the Resistance in an upwards direction after following a very long descending wedge pattern. The Gann Fan is now used to confirm this breakout. NXT passed the first test by crossing the 1/1 line. The next test is to see if NXT crosses the 2/1 line. At that point the breakout will be confirmed and you can decide what investment, if any, you want to make.
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