The chart was in a downtrend previously printing LL and LH until now it hasn't printed a new LL and can see a divergence in the RSI indicator plus a double bottom. These two factors indicate a trend reversal most probably an up trend now. We can make a precise entry just above the previous LH and ride a possible uptrend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.