Price has printed a low and lower lower during January and a potential higher low this month.
With a clear trendline in play and a possible change in cycle, look for price to create a bullish impulse breaking above the trendline. A correction may then produce a buy setup if it meets your trading rules.
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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.