Hey guys, Based on the chart a bullish channel has been identified and currently price have reached to the bottom line which can act as a supporting level. Also a bullish wedge is on the chart that can confirm our bias.
So with risk/reward of 1/3, it can be another good and low risk opportunity to buy.
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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.