Hi traders, Market is bears weekly, agreed. But at a daily support, yielding a bullish engulfing candle dominantly. However, 4h, bull are tired, looking for camp to regain energy before a decision is done again. 1H, bearish engulfing at resistance, this indicates bull exhaustion at only 1h frame. Any saturation at that frame, is highly possible.
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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.