If support holds we go long
Price has hit a very strong support line with decelerating price action. I would like to see some more signs of deceleration, like a low test before entering this trade long.
Note
Forgot to mention bullish MACD further backs this tradeNote
Support wasn't respected and trade not entered
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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.