The trend line has been broken. So have both moving averages. Price has hit the resistance and failed to pass. A bullish engulfing candle has started to form and this in my opinion would be a great time to enter to go long.
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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.