Downtrend channel was broken up. Price is testing the new support. Good time to open a long position. SL below the previous green candle, triggers if a red daily candle closes under it.
On the other hand we have a rounding bottom, not a big one but was enough to break out the channel.
On the other hand we have a rounding bottom, not a big one but was enough to break out the channel.
Trade closed manually:
Too close to a pivot point:
