The daily TNA Kagi is Bullish for the following reasons:
1. There is a thick black yang Kagi line
2. The green trendline was broken
3. The TNA correction (black arrow) did not go below the half-way point (purple line) of the prior Kagi line (purple double arrow)
This bullish move came after a Reverse Three Buddha, which is similar to an inverted head & shoulders. It may not be over for the bears since the weekly TNA Kagi is still bearish and the 3rd Buddha broke down through the middle Buddha's Kagi line (grey arrow).
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