At the moment we have a particular situation, I say this because it is still not clear that direction will take the trend in the next few hours, let's see, on the 4h chart, a triangle + a bullish divergence in play ... generally when the trend is bearish and yes Shape a triangle tends to think that almost certainly is a bearish triangle, but in this specific case we see that before the triangle formation there was a bullish divergence, which on the 4h chart is a very strong buy signal ... Anyway before to open a buy order I would wait for a confirmation, ie a closure over 50,500, let's see what happens in the next few hours
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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.