This region has already proved itself as reversal territiory. Everytime there has been an obvious bearish candlestick reversal with clear exhausted spinning top formations. With today's gap up and lack of momentum so far, might this be the sign of a corrective movement down?
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.