Price is heading towards a broken downward trendline which will form a break and re-test (bullish) trade setup if retested again. The broken resistance is likely to act as support should price go all the way down and re-test it. This will give us a buy opportunity at support. Price is currently in a clear uptrend as indicated by the higher highs and higher lows. Lastly, I'm anticipating a bullish reversal candlestick to confirm my buys.
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