Multiple TRENDLINE touches/rejections on the 12M timeframe which clearly indicates Bullish idea, a very strong Demand zone as well, and also we have Bullish Candlesticks patterns that also indicates a Bullish market. Going down to the 6M, 3M, and also the monthly timeframe, we have a Inverse Head and Shoulders Chart Patterns that occurred on each of the above aforementioned timeframes respectively. scaling down to the weekly timeframe, we have Candlestick Confirmation pattern that indicates a reversal to the upside.
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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.