Wait for a close above the resistance line (red) on the Daily chart to attempt a Long position. Stops to be placed below the red line. Alternatively a significant break and close below the lower blue support line on the Daily chart means a short can be taken with stops above that blue (now resistance) line.
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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.