When we have a look at the chart we can see that the price is trying to break below a resistance zone that held pretty good before. We can also see that the RSI indicator is very low. This is an indication that the price is going to revers. We can also see that there is a divergence happening if we open the MACD indicator. This are all good indicators that the price is going to go up.
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Please let me know in the comments what you think of it.
If you like the idea do not forget to give it a like and follow me for ideas.
If you have any questions, feel free to PM me.
Comment:
If you are in this trade, consider to move SL to entry and take some profit.
Comment:
If you are in this trade, move your SL into profit.
Trade closed manually
Comment:
New trade idea
Comment:
Will be looking to close the new trade above.