As always we must look for channels in which price is moving on a bigger timeframe, this one is in 4h candles giving a good medium term channel which it has respected at least 2 times before, so my idea is to wait for a breakout and retest or a reasonable rejection at this point positioning trades following price as we allways say.... don't go against the trend!
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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.