The price is forming a downtrend. In the morning, it opens with a bearish gap. It retests the resistance with a small candle that attracts the crowd. A strong bullish candle closes, confirming that the crowd was wrong. BUY (counter-trade) for a short-term profit.
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.