The inverted hammer indicates an up trend may follow as bulls have maintained the pressure above the opening point on a daily chart. We take a long position after hitting first Higher high.
Note
position taken at first higher lowNote
stop loss hit
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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.