One of the only assets showing Classic Bullish Divergence (Class A Reversal) on the daily.Looks perfect to go. On the hourly we have a double bottom which can hint a powerful move to the upside. The stop loss is strategically setup to be below the daily engulifing candle.
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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.