The market is moving towards the support i have drawn and when you check the weekly chart there is a high resistance. Before you open your trade you can first the 1hr and 4hr chart there is a small downtrend which means at this point it's not the right time to enter the market, wait for the right entry maybe after the trend reverses.
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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.