A confluence of supports: channel, horizontal and rising trend line.
Entry validated by bullish engulfing rejection of confluence area.
Target is channel resistance.
Entry validated by bullish engulfing rejection of confluence area.
Target is channel resistance.
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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.