The price is currently trading in an descending channel and has broke down a major support, but due to buy volume and small stop loss, we decided to take a buy trade on this one. If you are taking this trade, make sure to apply stop loss to your trade.
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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.