The counter is currently consolidating in a wedge pattern.
It hit the lower end of the range, formed an exhaustion candle and rose up sharply.
Now, it is sliding to a demand zone where we expect buying activity to resume in the counter.
It hit the lower end of the range, formed an exhaustion candle and rose up sharply.
Now, it is sliding to a demand zone where we expect buying activity to resume in the counter.
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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.