As we can see, we are in a bullish trend, forming this falling wedge pattern which signals just a bullish correction, we also have this ascending trendline and a fib level which I believe would be the optimum zone for longs if price played out this way.
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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.