1) Dow Theory: Previous Lower High has been broken
by a Higher High.
2) Candlestick Pattern: Bullish Engulfing/3 White Soldiers
and Inverted Hammer at Lower Low indicates a possible trend reversal.
3) AB=CD is complete again pointing to trend reversal.
4) Fib at 0.786 is at a confluence with Support Level at 175.77
5) April has been a bullish month 8 times in the last 10 years.
6) No Divergence
by a Higher High.
2) Candlestick Pattern: Bullish Engulfing/3 White Soldiers
and Inverted Hammer at Lower Low indicates a possible trend reversal.
3) AB=CD is complete again pointing to trend reversal.
4) Fib at 0.786 is at a confluence with Support Level at 175.77
5) April has been a bullish month 8 times in the last 10 years.
6) No Divergence
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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.
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.