Bullish divergence is observed in the daily timeframe for Tanmiah. Bullish divergence is confirmed as the previous LH is broken to form new HHs and HLs. This could be a good point to take long poistion as indicated 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.