Price is currently at the support which has been respected a lot of times recently. Again, we saw price moved in range before it broke out of resistance. We were supposed to long on the S/r flip, however, we did not see clear rejections on that level. Now, with price at support + rejection + overbought, we are seeing a good long opportunity.
Trade active
Price did not reacted as expected. Overall, long position still looks attractive.
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