Daily candle closed above tha last 3 days, bulish signal. (purple line)
4h analysis shows the reaction on resistance area (blue) that sellers were not strong enough to bring the price to lower low, additionally this area is valid if we use Ichimoko indicator too, so if candle close above this area we can join buyers.
Stay tuned for our next updates.
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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.
