- the broken ascending trendline signled the start of 1-2-3 pattern
- enfulfing candlestick at point 3 confirming the strong reversal
- the enfulfing pattern also false breaks a major resistance
- the 4th times 50 SMA was broken, this time seems real
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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.