The bearish trend is over, welcome to the bull trend
Last night the bulls broke through the bear's trend line, which is also supported by MACD data showing indications of divergence and RSI crossing 50. A strong sign that the reversal is starting. Open positions can be seen in the picture with the first targets at 1797 and SL 1761. Second target in tf 4 in 1803.
You can open a buy position when pullback happens, at least around 1778-1776, don't forget set your buy limit
You can open a buy position when pullback happens, at least around 1778-1776, don't forget set your buy limit
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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.