In case of holding the level, expectation of continuation of the upward movement. Volumes confirm growth. So far, there has not been a strong liquidation of longs under. Probably moving beyond the last low level Nevertheless, the movement continues on the downtrend in the uptrend. Such formations are worked out most often down
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.