There's a possible buy opportunity as we have strong trendline support that has been tested multiple times, indicating a possible bullish reaction soon.
If the trendline support breaks, we could see a strong move down. so look for confirmation first, like double bottom or bullish candle formation
Keep an eye on the price action near the support level and wait for confirmation of before entering a long position.
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the market provided a double bottom on the lower time frame and rallied up more than 200 pips, congrats
There's a pretty strong trend in assets right now, so I think you'll be right, and the idea will work out. But I'm worried that maybe we just haven't considered all the factors. What do you think about that?