Price is creating a bullish engulfing variation. With a strong CLOSE of this M15 timeframe we will know if buyers are in CONTROL. Price has just broken out of a descending trend line and more importantly 4H resistance. MA's are bullish so there is momentum.
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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.