Price pulled back to my zone for a 61.8% retracement as well as a 8 hour Bullish Engulfing closing over the 8 EMA, bouncing off H4 support. All this showed as a 3 Pin pattern 0n the Daily TF. This signals a potential new higher low in the current uptrend on the Daily TF, as the M.A's are still crossed bullish, and a potential ABCD pattern. 1:2 R:R.
Trend Analysis

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