We are holding above a 2 year old resistance. It had extensively been exceeded in November last year and as fast retraced this year so far.
This looks as we have reached a level of market balance now.
The candle stick Hammer may now hammer out this resistance as the new long term bottom.
This looks as we have reached a level of market balance now.
The candle stick Hammer may now hammer out this resistance as the new long term bottom.
Trade closed: stop reached
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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.