We've reached the March 2020 support. Look for a break above the descending trend line before looking for a buy opportunity.
Note
Here's a 30M view of the anticipated move since we're at a key support. Note
We broke above descending trend line, retested and looks to be on its way back north. I've marked a potential area of resistance, and likely a good "pull profit" spot... upward resistance + 38 fib extension line.
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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.