POTENTIAL LONG
Looking at structure, inefficiency created and support and resistance, Price bounced off previously tested support and now moving up, Price have not yet established buy structure, but have the likelihood of price breaks above current level and pullback to retest support again. That will offer momentum for price to move up and hit previous resistance level as target.
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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.