MEG weekly - hammer

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MEG weekly formed a white candle with lower low and lower high.

MEG weekly seems to have formed a bullish hammer. This reversal pattern will be confirmed if MEG weekly manages to form higher lows for the succeeding weeks. I hope it does :)

note: on March 2007, MEG weekly shows previous respect to formation of bullish hammer

I hope that MEG again respects the formation of the bullish hammer :)

Good luck to all MEG traders!
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