i've written down the main reasons why i'm going long in this market. As you can see, we're sitting at a previous level of structure, and we've created an pattern with Fib confluence right at that level, that comes at a round number (that could strengthen the support being). We're also in oversold conditions. All those reasons together make me think we could see a rally from this level, even though the trend still remain .
If you have any question/idea, feel free to comment below.
Otherwise, see you in the next chart!
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM
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My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw