Possible trend reversal. Appearance of bullish hammer. Testing of Fibonacci retracement support and bounce back.
However, further monitoring required for dow theory [Higher Highs and Higher Lows] validity.
However, further monitoring required for dow theory [Higher Highs and Higher Lows] validity.
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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.