Downtrend invalidation || reverse trade

4 Haz 2021

Normally this would be a fading trade, price moving lower and lower, but we can see that the last bull candle suggests otherwise. I think it is a bounce off the low of the range that has formed.
The bull candle formed a higher high and thus took people out of their shorts.
We can also see that the RSI is breaking up the trendline and also has a strong base

6 Haz 2021

Emir iptal

It's too choppy for now, waiting for a clearer pattern