Price has dropped to a key support zone. Multiple bullish divergences are forming - there is a high probability of a rebound for a retest of the 200 EMA. Price is in the oversold zone on the 4-hour timeframe
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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.