Bullish divergence is formed in Othaim in the daily timeframe. The divergence is confirmed as a new HL is formed, breaking the previous LL. It can be a good time to take a long position to make good gains as indicated in the chart.
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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.