The markets moves in a horizontal channel. The price is near the bottom border of this channel and we can buy based on a reversal signal. We can see that RSI confirmed price reversal from 0.025500 support level. MACD supports upward movement. Now we have a retracement and the local swing high is a good level for placing buy orders. The support zone is formed by the uptrend line and the support level. If the market bounces from this zone one more time and moves above the local swing high, we’ll entry the market and get an additional confirmation of […]
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