The downward pressure did not allow the daily support to produce any significant bounce and that led the expectation from previous idea to be not fulfilled. Since the price has broken the daily support and closed below it, it is likely that it will head towards the weekly support. I believe there is going to be a very nice opportunity to long it from there.
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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.