Why? - Overall trend is bullish - bullish engulfing candlestick in the daily timeframe - it came back and retested that support zone which turns out to be a psychological level
I suspect it's going to break the next level. If you enter this trade today, be ready to hold it till next week
Trade wisely. Use proper risk management. Good luck
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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.