Squeeze indicator shows a bullish divergence , macd red and green about to cross, ADX above 23 pointing down with a dark red bar in the squeeze indicator indicating the bearish movement is losing momentum, CCI moving upwards. The next big movement on the daily will inevitably try to touch or break the 55 EMA which is located around the closest area of highest volume.
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Disclaimer
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.