On the above 1-day chart price action has corrected 80% since early May. Now is excellent moment to be bullish. Why?
1) The ‘incredible buy’ signal of course.
2) Price action prints a higher low on the bottoming candle following the capitulation of sellers back in September.
3) A beautiful Dragonfly DOJI candle printed on the 6-day chart yesterday (below). This is a strong indication of price action reversal.
Is it possible price action falls? Sure.
Is it probable? 10% to be technical.
Good luck!
WW
1) The ‘incredible buy’ signal of course.
2) Price action prints a higher low on the bottoming candle following the capitulation of sellers back in September.
3) A beautiful Dragonfly DOJI candle printed on the 6-day chart yesterday (below). This is a strong indication of price action reversal.
Is it possible price action falls? Sure.
Is it probable? 10% to be technical.
Good luck!
WW
Trade active
did not see this before, a break of price action resistance on the 2-day chart with a recent 'incredible buy' signal, 
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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.