Support line hit Part 3

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Apart from Price Action and indicator confirmation, the last 2 candles show a Bullish Harami. To my experience, this formation doesn't necessarily means a long term trend change. But it does predict a change. Harami is quite trustworthy formation.
With the confirmation of part 1,2 and 3, I can say LONGGGGGGGGGGGGGGG!!!!!!!!!!!

For more info about Harami candle formation:
it could be like the last break out with a consolidation and then boom! however this time round the indicators are not as oversold... more downside KT?
Monk Monk
... or positive divergence with a double bottom...??
Tge chart doesn;t indicat any positive divergence. RSI isn't OS, which indicate a more bullish bias, thouht stochastics and CCI are in OS area.
KevinT KevinT
A crossing of the stochastics may provide more confirmation.
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