Bullish Three Inside Up on AGI?

AGI continue to show bullish sentiment as it formed a Bullish Three Inside Up candlestick pattern.

The second day of the Bullish Three Inside Up signals a trend reversal since the second day’s small body already showed that the bearish power is declining. The third day confirms this fact, but still a further confirmation is required for a bullish reversal.

Note also that we are now knocking at the 23.6% Fibonacci Retracement level which is our immediate resistance.


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