The price is at a crucial support area
which is also backed up by the 50MA, the 38 Fibonacci retracement
and a multimonth trendline. The trade can be entered when the reversal candle at 57,01$ is confirmed. The stop should be placed at 53$. If the support area
does not hold an entry at around 50$ can be considered as it has provided a significant support area
in the recent past.