On the daily timeframe we acknowledge that the overall market is bullish. After a completion of the 4h three drives, the market is now displaying a contraction that gives us this distribution phase. This phase encourages a young bearish move...
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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.