The recent 30-minute bullish gap puts the market in a bullish scenario. Given this data, the breakage of the triangle that has formed is more balanced upwards. The pattern creates the trigger.
Note
Considerable bullish hammer on 17:30 gtm madridTrade active
A downward movement is expected now, as a correction. TP is the same.
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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.