Validated confluences
1.Weekly Trend line broken
2.Support broken Resistance valid
3.Trend Trading
5.Profit margin 1:3
Price action formed inside candle which means bears could not breach the previous low, Price created the inside bar then price retraced back to previous strong support.
1.Weekly Trend line broken
2.Support broken Resistance valid
3.Trend Trading
5.Profit margin 1:3
Price action formed inside candle which means bears could not breach the previous low, Price created the inside bar then price retraced back to previous strong support.
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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.