Price is reaching support level. If price breaks the downtrend and retests to the upside a LONG entry can occur.
RSI level indicates that price is near oversold area
RSI level indicates that price is near oversold area
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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.