breaking this RED support trend on the 15 will give us a good head for the upside to test the main down trend on the daily chart .
we can enter a trade here at this point .
Alterntevly a break bellow the read support line may provide us a better position to go long.
we can enter a trade here at this point .
Alterntevly a break bellow the read support line may provide us a better position to go long.
Trade active
Note
as matter of fact , we just broke the down trend. and i expect more volume an another run ( not as fast as the last one ) but just good enough to attract more buyers.Remember this is just a more detailed to the daily chart analysis .
Today candle is very very important. it has to look like a BULLISH pin bar to confirm that up trend.
Note
bounced back up nicely from the support line.
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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.