I am looking at this inverse head and shoulders on the daily TF as a strong confirmation that the overall trend is still bullish. However, there is a strong probability of a pullback to either daily demand or the right shoulder region before the uptrend resumes.
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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.