Weekly range broken ---> last weekly high (19') tested --> broken range retested and rejected with a strong bullish engulfing candle.
Weekly 7/21/25 EMA's tested and rejected, which is a common mean reversion point.
61% Pull Back and rejection
All good signs and a great chart IMO.
Previous analysis linked.
Weekly 7/21/25 EMA's tested and rejected, which is a common mean reversion point.
61% Pull Back and rejection
All good signs and a great chart IMO.
Previous analysis linked.
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Related publications
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.