The price is retesting this support area for the third time which implies that if it didn't break then the price will reverse to the upside. With a positive RR ratio, this trade is worth taken. You can do conservative approach by waiting another reversal confirmation such as rejection or engulfing candle to appear. Please trade with care :)
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.