I see this setup as a low risk trade - stop loss can even be extended to historic lowest
We can wait for higher low entry
RSI confirmation (oversold indication is already there)
Volume is good
We can wait for higher low entry
RSI confirmation (oversold indication is already there)
Volume is good
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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.