The price is in an uptrend but hasn't made a new HH. It dropped sharply and then showed a strong reaction at the buy GWS. Now, we can expect the price to bounce off the previous HH on the 1H and 4H timeframes, or return to the buy GWS on the 1H, where a bounce for trend continuation can be anticipated.
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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.