Here is a potential long position. This area of value support has been retested a lot since May 13 (11 days before this analysis), a clear fair value gap has formed and will be our maximum take profit target, we can close the trade if a bearish divergence shows up. The current RSI is also in the oversold zone as a bonus.
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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.