Breaking the trend line resistance, so taking long position with the expecting trend reversal as a Higher Low is formed and also there is a bullish candle forming on the chart. SL is placed at the mid of parabolic candle since the entry is being made before the breakout confirmation
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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.