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Here we see the line breakthrough the downward line trend giving us a signal change direction after long bear period.
From the past path of recovery.we see almost same trend pattern.
what do you think?
Fib Channel 61.8% above is my buying zone.
15 min MACD Bearish Divergence occurred, there are possibility to decline.
Short Zone less than 38.2%
Long Zone more than 61.8%
Less than 38.2% Short zone.
More than 61.8% Long zone.
Based on MACD daily is a Buy Signal