Double Pullback Scenario
As you can see, the price has broken both 20 weekly MA and another resistance and it's forming a pullback to them. although the price could come down a bit more, if this weekly pullback pattern emerges, I think it's going to have huge bullish momentum!
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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.