We have identified the following indicators suggesting a BUY opportunity:
• Rebound from the long-term downtrend line (established in 2021)
• Low volume, indicating a potential lack of momentum to continue the current downward movement
• Retest of key support levels: Yearly low, 6-month low, 3-month low, and 1-month low
We have set three target profit levels:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
• Rebound from the long-term downtrend line (established in 2021)
• Low volume, indicating a potential lack of momentum to continue the current downward movement
• Retest of key support levels: Yearly low, 6-month low, 3-month low, and 1-month low
We have set three target profit levels:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
Note
TP 1 REACHED 😊Note
TP 2 REACHED 😊
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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.
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.