The trend is being quickly exhausted on the 4h and 8h time frame. It's bottomed on the daily. When trends bottom on the daily this indicates big moves. The trend hasn't bottomed on the 4h and 8h just yet so there might be a little pullback before we see a bullish trend on a more macro-scale.
Fixed
Trend exhaustion bottomed on the Daily and 4h. The trend is being exhausted on the 8h.
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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.