Can be a very potential long
Here we can see that price is moving in an ascending channel and is now at the bottom of the range
Reasons to buy-
1. Overall uptrend
2. Fib retracement of 0.618
Note- Enter only on a bullish confirmation or reversal sign
Reasons to buy-
1. Overall uptrend
2. Fib retracement of 0.618
Note- Enter only on a bullish confirmation or reversal sign
Order cancelled
There was no bullish confirmation and instead the trendline is broken
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