Market directional bias is currently bullish, however looks like it has been countered by a very strong bearish candle. Furthermore can be seen as a little double top too which could indicate a slight push to the downside. Key level is also present on the strong bearish candlesick as previous history shows us numerous wick rejections present.
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.
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.