On the daily chart: demand zone + A/D divergence + almost a hammer candle
On the weekly chart: an inverted hammer + ADX gives a signal of weakening the downtrend
On the weekly chart: an inverted hammer + ADX gives a signal of weakening the downtrend
Note
Entry points: 109.094 (50% retracement of the hammer candle) or 109.600Note
Long @ 108.688Trade active
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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.