the purple rectangle is the effort ( there is a big sales volume ) , but the downward movement is not developing , this means that there is no result .
also , on the level of 8913 we can see the double bottom pattern. ( the blue squares )
and the low shadows of candles indicate the presence of the buyer.
and finally the four hour candle has closed above the local maximum.
these are all bullish signs.
also , on the level of 8913 we can see the double bottom pattern. ( the blue squares )
and the low shadows of candles indicate the presence of the buyer.
and finally the four hour candle has closed above the local maximum.
these are all bullish signs.
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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.