Another buy opportunity is appeared. Now price is on weekly trendline that is good point to go long. As you can see Lower lows turning to Higher lows. We can add position now and hold it for long time. Divergence on stochastic gives confirmation to buy. Entry point would be now at 89.00 or after breakout of trendline and previous high with target zones 100.00 and...
The price bounced from relevant support leaving us with a nice aggressive SL at 92.98 for long positions. I may open a long position ot the end of the day if it stays above 95.2.
