Daily chart: the price bounced off the broken downtrend, the horizontal level + is now forming a "bullish absorption" candle model. Multiple signals at one price point. We are waiting for further development.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Also on:
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.