The four-hour chart's outlook is bullish while above the recent lows and would be expected to see the price rally towards the area of imbalance, as per greyed area on the chart above. On a break of support, however, the W-formation's neckline and point of control could be targetted for the sessions ahead.
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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.