Monthly chart show us two big rejections of the 20 MA monthly. what we want to see is next monthly candle closing above the 20 MA to possible bullish continuation, the confirmation for a higher probability of a bullish continuation would be closing a candle above EMA 5 (yellow EMA on chart)
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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.