Based on the chart, price reached a major support area and yesterday a good rejection have happened. However we do Not have enough proof for starting a bullish trend yet but based on the market movement I prefer to make a risk and opened a buy position with a good risk reward, which is about 1:3.5 Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
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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.