Reasoning for possibly going long:
*Price is moving in an ascending channel and is respecting the support area.
*Weekly Ended in a doji
*Daily ended in a shaven head/hammer
*4 HR seems to be creating a double bottom.
*1 HR creating structure of higher highs and higher lows.
*Price is moving in an ascending channel and is respecting the support area.
*Weekly Ended in a doji
*Daily ended in a shaven head/hammer
*4 HR seems to be creating a double bottom.
*1 HR creating structure of higher highs and higher lows.
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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.