Reasons: 1. Price break STRONG TREND LINE and RETEST again; 2. We have support zone; 3. Price near EMA 21; 4. We have Pivot Points, like additional support zone; 5. Stochastic Oversold;
Also we have PA CONFIRMATION on 240 Timeframe, like Bullish Pinbar
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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.