On the monthly and weekly charts, we have bearish price action.. After a strong bearish run in 2021, the price sought to correct previous imbalance that is about to come to an end. Presently (22.04.2024), we expect price to make one final push higher, thereafter we will be looking for reversal signs.
Trade closed: target reached
The trade was activated and target hit as projected.
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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.