The stochastic, MACD and EMAs all confirmed a potential long position. The trade was triggered on a spike yesterday and it has since retraced. It does seem that it will continue with this upward momentum for now, but, as always, anything can happen.
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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.