Price has broken a strong resistance level before proceeding down to find support. Looking for price to rise and close above resistance once more to go long.. Next level of interest for profits is shown above on the chart. Conservatively, you can also wait until a higher high is created.
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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.