Price is currently at a support level, if price does not break through the current support level, it would be a long opportunity. If price do break through the current support level, there will be another support level, it would be another long opportunity if it rejects the lower support level nicely. Make sure to enter only after a second candlestick has formed confirming that it has rejected the support level. But if it breaks through the lower support level. A short opportunity would come. Please forgive me if theres any wrong in my analysis or any wrong use of words as I just started Forex not long ago. Happy Trading!
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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.