It seems that an impulse wave had ended and the corrective wave come up.
The supply is in low level and the demand is still in control.
So, the previous fourth wave is a good area to buy.
Of course, stop loss must keep in mind.
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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.