Price just bounced off Monthly Support and Weekly Bullish Trendline, and is currently at oversold levels.
Note
This trade isn't out just yet. Reversal patterns at 68.2% retracement levelNote
Price is currently consolidating to an ascending triangle. Might be a good place to enter trades upon breakout (and upon any retest).
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Disclaimer
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.