1️⃣ A downtrend has been broken on the daily chart, indicating the beginning of a new uptrend.
2️⃣ There are oversold signals on the RSI and MACD, supporting the possibility of a continued uptrend.
3️⃣ Strong demand zones have been identified, suitable for entering long positions.
Recommendation:
Buy from the blue zones.
Targets are located in the green zones.
It is recommended to observe proper capital management to ensure risk reduction.
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.
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.