Based on the monthly, weekly and daily support and resistance levels the price seems evident to drop down to the old support level of the daily time frame. Taking into account the engulfing pattern on the daily/ 4h and 1H charts. How would you enter this 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.