Yes, the dominance makes the growth after a long enough correction. But I see that it is still a downward wedge. Up to 66.2, I do not think the trend has changed. Also, if you turn on the weekly chart and look at the Ishimoku clouds, that cross of death on Kijun-sen and Tenkan-sen still has not been cancelled. This is just a fairly tangible correction.
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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.