The market trend is bullish on the daily chart. A new high was made on October 29, and today, the market is retesting the last resistance, which we now consider as support.
1 Hour: The market has formed a double bottom trading pattern, and its neckline has broken to the upside. We will take a trade on the retest.
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.