Switching to FOREX, momentum and volatility reversal is evident on this pair technically. There is a confirmation by MIDAS line cross ~ actually a triple cross of MIDAS, vWAP and US lines by that engulfing bullish candle. If this is not a switch of modality then its a whipsaw.
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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.