Looking at the price we can see, that it has stopped at a line that is acting as both major support and major resistance area. We are looking for a simple trade setup here. Waiting for a bounce in the bullish direction and waiting for the confirmation before the price heads higher.

We wish you good luck with your trading!
We wish you good luck with your 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.
Disclaimer
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.