Bullish divergence emerged on 15 min time frame after which first higher high and higher low are printed successfully, indicating that bulls have assumed control of the price action. According to Dow theory new highs can be expected from here. Targets are mentioned on the chart.
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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.