Based on the strong going downside trend there is a resistance to catch after the strong support. The longposition is limited but still profitable.Place the stop loss just a little bit higher than the support so the risk is of losing money is limited.
Disclaimer
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.