The bearish market will get stronger to move after controlling MA200 4H and MA20 of Bollinger Band and MA10. However, I still believe the price will not fall to the ground regarding the Tower of Bullish Engulfing, and MA50 also MA100 4H. Near the point of 38.2%, I will try to open a buy order and expect the price will shift to bullish and reach 31.800 points at the resistance.
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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.