The price reached a long trend line on the weekly chart, presented a strong bullish push followed by weak correction with little sellers presence. On the 61,8 fibo level of the retracement price gave us another strong bullish push, breaking the lower time frame down trend line. I`ll wait for the retracement of this last push to go long!
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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