Price might be forming a double bottom neat the weekly level. break of the neckline will be a good indicator to go long also, this upward move might be a retest of the red trendline which formed a wedge on the weekly time frame.
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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.