Price just broke out of a descending trend line, we expect price to make a little retest of the broken level. We can enter a nice long trade with a good risk reward when we get confirmation after price retested the zone. Nice possibility to complete a full Ellioth Wave.
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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.