Price bounces from the uptrend line. RSI confirms price reversal. We have buy opportunity. Entry level for long trades is above 2745.00 with stop orders below 2650.00 level. Profit target must be at 2880.00 level. This is a short term trade. The market can drop lower, but for this case we have to use stop orders for exit.
Comment:
Price broke the uptrend line. The long trades, which were opened based on short term signal, must be closed.
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