D1 - After the strong bullish rally currently it looks like a correction is happening in the form of double wave down.
Price has reached a key support zone.
Bullish divergence.
H4 - Higher highs.
Currently it looks like a correction is happening.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
Price has reached a key support zone.
Bullish divergence.
H4 - Higher highs.
Currently it looks like a correction is happening.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
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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.