On Daily chart we can see the number of local patterns, shows us the possibility for new longs with 3 targets. Targets 1, 2, 3 have 90%, 60%, 40% of probability, therefore trader may apply pyramid strategy with strict risk management strategy.
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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.