Why? - Overall trend is bullish - previous support zone - major support zone - It got to that level and formed a double bottom - That downtrend will be broken 💔 Buy and place your sl below the support zone.
Trade wisely. Don't use this analysis if you have less than $500 in your account. With 0.01 lots, you'll be risking $50.
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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.