Due to the weakness of the downward trend, in my opinion, the price has made an ascent with price compression towards the large supply area, then supply orders and available liquidity will be provided for falling again. In case of failure of the desired area, the upward trend can be predicted.
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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.