There are clear indications of a bullish reversal on the 4-hour chart: the price formed a significant inverted head and shoulders pattern, and both the neckline of this pattern and the resistance line of a descending parallel channel have been violated.
I expect the price to rise from here. Target: 1.2833
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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.