Here we have a rectangle consolidation formed at the bottom of a downtrend, whilst this normally indicates a further push down I feel that bears are running out and the bull's are coming into the market. I will now be waiting for a H1 close above this line for confirmation before entering.
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.