On the daily timeframe market broke above resistance with a strong impulse followed by a nice correction, during the correction on the 4hr timeframe market has formed this nice counter trendline which market is currently breaking to the upside, also on the 4hr price has formed a double bottom, if we form a new higher high on the retest we can take the trade.
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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.