We have formed a small ascending channel within a large drop channel. If the current 15M chart is over the EMA You can find the reason for entering Long by being supported when you come back to the support test again.
The target price is likely to be around the intersection of the down channel and the up channel (up channel).
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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.