Looking at the chart we can see that the price has been making bullish moves with smaller bearish corrections. In such a situation we can expect the price to either reverse as it hits support line or bounces back up. Our team believes that the two bullish candles indicate that the price will again bounce from the support line and move higher.
We wish you good luck with your trading!
We wish you good luck with your trading!
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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.
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.