Order Block In Daily Timeframe
We can see in in the daily chart that the price has reached the order block area from a downtrend and gave us a hammer candlestick which provides us a high probability of a reversal trend to be an uptrend. We can also notice that the tail of the hammer candlestick has cut through the Bollinger bands bottom line and the RSI is oversold which supports and gives more strength to the analysis.
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