Price bounced from 44.00 level. It's confirmed by a reversal candlestick pattern and RSI which is in oversold zone. We can buy if price breaks 47.00 level. Stop orders must be placed below the support level 44.00 or the local swing low. Profit target is at a downtrend line.
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.