Price indicates Uptrend has started
1. Price broke the downtrend line making
Higher lows and higher highs

2. 40 is the key area if it holds then we can price moving higher to 46 area

3. If the price breaks 40 we might see the price going back to the 35 area - in that case,
we might have a chance to close our sell position

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.