Price action was in complete control of bears, as price was consistently printing lower highs and lower lows. However, now with breaking of previous lower high, bulls seem to have taken control of the price action, and it seems that a bullish reversal has started. Targets are mentioned on the chart.
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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.