Price has made a new higher low retesting a strong area of support below & a bullish engulfing off support occured. I am anticipating price to make its way higher now as the right shoulder of the inverse head on shoulders pattern has formed as well at the zone of interest.
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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.