Take a look at the indicators. Level 2 is showing a bullish trend. Levels 3 and 4 are up to support the uptrend. When the current retrace ends it would show a BUY signal for a longer trade.
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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.