Weekly Time Frame:

Confluences

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Bullish pennant formation within a range.
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ABCD formation.
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200 EMA acting as dynamic support.
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Price Action (P.A) currently printing a bullish marubozu candle.
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Price Action (P.A) currently printing Higher Highs (H.H) and Higher Lows (H.L).
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Moving averages suggesting bullish momentum.

Trend Analysis

Penafian